Most expensive US hurricanes for insurers

AP News
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Posted: Oct 29, 2012 4:32 PM
Most expensive US hurricanes for insurers

The ten most expensive U.S. hurricanes for insurance companies since 1970. The amount insurers pay out to policyholders is typically a fraction of the overall economic cost.

Katrina, 2005, $74.7 billion

Andrew, 1992, $25.6 billion

Ike, 2008, $21.1 billion

Ivan, 2004, $15.4 billion

Wilma, 2005, $14.5 billion

Rita, 2005, $11.6 billion

Charley, 2004, $9.6 billion

Hugo, 1989, $8.3 billion

Frances, 2004, $6.1 billion

Irene, 2011, $5.3 billion

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Sources: Swiss Re Sigma, Morgan Stanley research.