Verisk’s AIR Worldwide Estimates Insured Losses for Hurricane Ida Will Range from USD 17 Billion to USD 25 Billion
Retrieved on:
Friday, September 3, 2021
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AIRs modeled insured loss estimates include insured physical damage toproperty (residential, commercial, industrial, auto), both structures andtheir contentsfrom winds, wind-borne debris, storm surge, and the impact of demand surge.
Key Points:
- AIRs modeled insured loss estimates include insured physical damage toproperty (residential, commercial, industrial, auto), both structures andtheir contentsfrom winds, wind-borne debris, storm surge, and the impact of demand surge.
- In practical terms, New Orleans experienced strong winds onthe order of 90to100 mphdue to the largewindfieldand a slow decay of the storm.
- AIR Worldwide (AIR) provides risk modeling solutions that make individuals, businesses, and society more resilient to extreme events.
- AIR Worldwide, a Verisk (Nasdaq:VRSK) business, is headquartered in Boston, with additional offices in North America, Europe, and Asia.