​These Are The Costliest Hurricanes Ever For Insurers – Tyler Durden

These Are The Costliest Hurricanes Ever For Insurers With insured monetary losses of $65 billion at the time and $102 billion adjusted for 2023 inflation, Hurricane Katrina was the costliest for insurers in U.S. history. Apart from Hurricane Ian, which made landfall in 2022 and was the deadliest hurricane in Florida since 1935, insured losses of previous destructive storms like Sandy, Harvey and Maria amounted to around half of Katrina’s each. As Statista’s Florian Zandt reports, based on data from Aon published by the Insurance Information Institute, half of the costliest hurricanes for insurance companies took place in the past ten years, with another three…  — Continue at ZeroHedge News : Read More