KCC pegs Hurricane Milton insured losses at ~$36bn
  • X
  • LinkedIn
  • Email
  • Show more sharing options
  • Copy Link URLCopied!
  • Print
  • X
  • LinkedIn
  • Email

© 2024 Insider International Limited, company number 15236286, 4 Bouverie Street, London, EC4Y 8AX. Part of the Delinian Group. All rights reserved.

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement

Cookies Settings

KCC pegs Hurricane Milton insured losses at ~$36bn

The estimate includes private cover for residential, commercial and industrial property.

By Rachel Dalton
October 15, 2024
  • X
  • LinkedIn
  • Email
  • Show more sharing options
  • Copy Link URLCopied!
  • Print
  • X
  • LinkedIn
  • Email
A member of the Pasco County Sheriff's Office goes out to help residents trapped in their homes as waters rise after Hurricane Milton caused the Anclote River to flood, Friday, Oct. 11, 2024, in New Port Richey, Fla. (AP Photo/Mike Carlson)
Photo: Alamy

Karen Clark & Company (KCC) has estimated the privately insured losses from Hurricane Milton will amount to around $36bn from wind, storm surge and inland flooding.

The

Request a free trial:

Fuel a smarter strategy with our actionable market intelligence

    • Gain a competitive edge and accelerate decision-making
    • Be empowered by insights that transform confusion to clarity
    • Uncover growth opportunities and prepare for potential threats
Request a free trial Already a subscriber? Login now

Topics

NewsClaims and lossesInsurersReinsurersProperty treaty
Gift this article