Losses from Hurricane Ida could produce a loss ratio of 1,000 percent for private US flood insurers this year, which could reinforce their reticence to participate in a flood market that has been slowly transforming in recent years, according to a new report from AM Best.
For details on how to subscribe or for all commercial opportunities, including advertising, please contact:
Tel: +44 (0) 203 934 6687
Tel: +44 (0) 203 934 6684
Subscribers get access to: