Lists published every hurricane season, adjusting the amounts of insurance losses for past events for inflation to current-dollar levels, give a misleading picture of the potential for a single event costing insurers $100 billion.
Karen Clark & Company (KCC) offered that assessment in a new white paper, “The $100 Billion Hurricane: How and Where it Can Happen.” The paper identifies five past events that would result in over $100 billion in losses today—including one that would top $200 billion—by adjusting for property exposure changes.
An online search for a more typical compilation using changes in