All material subject to strictly enforced copyright laws. © 2022 Insurance Insider is part of Euromoney Institutional Investor PLC.
Accessibility | Terms & Conditions | Privacy Policy | Modern Slavery Act | Cookies | Subscription Terms & Conditions

Challenged contingency market hit by $40mn+ Hurricane Ida festival claim

McKinney, Texas, USA. 31st Aug, 2021. Aug 31, 2021-Cajun Navy travels to Pointe-aux-Chenes, Louisiana, to perform rescues and debris cleanup after Hurricane Ida slammed into Louisiana. (Credit Image: © Leslie Spurlock/ZUMA Press Wire)

The event-cancellation market is anticipating losses in excess of $40mn after Hurricane Ida forced the cancellation of the Bonnaroo music festival in Tennessee last week.

We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree