Citizens CFO amends Ian loss estimate to $1.9bn to $3.7bn
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Citizens CFO amends Ian loss estimate to $1.9bn to $3.7bn

Farhin Lilywala
September 29, 2022
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Citizens logo palm trees storm.jpg

Citizens CFO Jennifer Montero revised the insurer of last resort's loss estimates for Hurricane Ian to $1.9bn to $3.7bn, from the $3.8bn figure disclosed yesterday by CEO Barry Gilway.

Speaking on a panel at Trading Risk New York, Montero said that the previous guidance was assuming a track closer to Tampa.

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NewsFloridaClaims and losses
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Farhin Lilywala
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