Guy Carp’s Mowery: No “one-size-fits-all” answer to whether Ida is one event or two

Ida flooding

There is no clean-cut answer whether the devastation caused by Hurricane Ida in Louisiana and the northeast US will count as one event or two under reinsurance programs owing to the variability across wordings in any given cedant’s coverage, according to Guy Carpenter’s Lara Mowery.

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