The Hartford estimates Ida claims at ‘around $200mn’: CFO Costello
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The Hartford estimates Ida claims at ‘around $200mn’: CFO Costello

James Thaler
September 13, 2021
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The Hartford logo with hurricane Ida satellite.jpg

The Hartford CFO Beth Costello told investors on Monday that the company expects claims from Hurricane Ida to cost it around $200mn and that the event was unlikely to reach its catastrophe reinsurance program.

The executive was speaking at the Barclays investment conference and gave the first public preliminary estimate by a major commercial carrier.

“We're

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