Canadian Underwriter

Blown away


November 22, 2017   by Compiled by Greg Dalgetty


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hurricane

It’s been a bad year for hurricanes, with Harvey, Irma and Maria causing devastation in parts of the Caribbean and the United States. While we wait for the final tally of losses from this year’s hurricane season, here’s a look at the five costliest hurricanes to date for insured losses. 1

1. Hurricane Katrina (2005)

$60.5 BILLION IN INSURED LOSSES

2. Hurricane Sandy (2012)

$29.2 BILLION IN INSURED LOSSES

3. Hurricane Ike (2008)

$18.5 BILLION IN INSURED LOSSES

4. Hurricane Andrew (1992)

$17 BILLION IN INSURED LOSSES

5. Hurricane Wilma (2005)

$12.5 BILLION IN INSURED LOSSES

1. All figures in U.S. dollars at original values.

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Copyright © 2017 Transcontinental Media G.P. This article first appeared in the November 2017 edition of Canadian Insurance Top Broker magazine

This story was originally published by Canadian Insurance Top Broker.


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