Swiss Re Insurance-Linked Fund Management

PCS - Emerging Risks, New Opportunities

Hurricane Ida 2021

Hurricane Ida made landfall in Louisiana as a major Category 4 storm with 150 mph sustained winds. The immediate impacts were severe, but hurricane Ida’s remnants also created a significant flood event further north.

Early estimates of insurance and reinsurance market losses were pegged at $15 billion to $25 billion, with ramifications for some ILS market positions, especially in collateralized reinsurance.

All of our hurricane Ida news coverage can be found below.