Hurricane Andrew today would cause insured losses of $60bn+: Swiss Re
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Free Trial
  • Log in

Hurricane Andrew today would cause insured losses of $60bn+: Swiss Re

Kyoung-son Song
19 August 2022
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
Dadeland mobile home park 1992 hurricane andrew destruction.jpg

If Hurricane Andrew were to hit the coastal regions of Florida today, insured losses would be at least $60bn, nearly four times the $15.5bn borne by carriers 30 years ago, according to Swiss Re.

In August 1992, Andrew hit the coasts of the Bahamas all the way up to the Gulf Coast. It was one of the three hurricanes in US history that had Category-five intensity upon landfall.

The

Subscribers, log in here:

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
      • Fuel a smarter strategy for business growth
Request a free trial Already a subscriber? Log in now

Topics

News Claims and losses Swiss Re Interviews Hurricane Wildfire
headshot template (22).png
Kyoung-son Song
Contact
Gift this article