The state-backed insurer’s loss pick includes incurred but not reported (IBNR) reserves of $318.4mn, on top of case reserves of $120.6mn.
Louisiana Citizens records $439mn Ida loss in Q3
![Louisiana Citizens.png](https://assets.euromoneydigital.com/dims4/default/e6c79e6/2147483647/strip/true/crop/700x394+0+0/resize/840x473!/quality/90/?url=http%3A%2F%2Feuromoney-brightspot.s3.amazonaws.com%2F8a%2Fc3%2Fcc56d8994c688ad094572fb48b58%2Flouisiana-citizens.png)
The state-backed insurer’s loss pick includes incurred but not reported (IBNR) reserves of $318.4mn, on top of case reserves of $120.6mn.