Insurance damage to oil rigs around one billion dollars

Gulf of Mexico

After Hurricane “Ida”, a long black oil slick is drifting in the Gulf of Mexico.

(Photo: dpa)

London Insurers have to prepare for billions in damage to oil rigs in the Gulf of Mexico from Hurricane Ida. The damage could amount to around a billion dollars, according to the first estimates published on Friday by the US data and analysis company Corelogic. Losses due to the failure of oil production are not taken into account, said a company spokesman.

“Ida” reached the US Gulf Coast last weekend as a stage four hurricane with wind speeds of up to 240 km / h.

In the New Orleans metropolitan area, the power supply collapsed, and more than a million households and businesses were without electricity. Oil production was also affected. The disaster modeling company Karen Clark & ​​Co estimated the cost to insurers at around $ 18 billion on Wednesday.

More: Hurricane “Ida” could be one of the ten most expensive cyclones

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