Tag: insured losses Gulf of Mexico

RMS Estimates $25–$35B in Onshore and Offshore Insured Losses in the Gulf from Hurricane Ida

A hurricane on earth viewed from space. This is a rendered image.

RMS®, the world’s leading catastrophe risk solutions company, estimates onshore and offshore U.S. insured losses from Hurricane Ida in the Gulf of Mexico to be between $25 and $35 billion. The estimate includes losses to the National Flood Insurance Program (NFIP) in the four impacted Gulf Coast states (Alabama, Florida, Louisiana and Mississippi) in the… Continue reading RMS Estimates $25–$35B in Onshore and Offshore Insured Losses in the Gulf from Hurricane Ida