KCC estimates Texas hailstorm insured loss at over $1bn

16 June 2023

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Karen Clark & Co (KCC) has estimated the insured loss of hailstorms in Texas this month at more than $1bn.

Between 10 June and 13 June, a stationary frontal boundary from Texas to Georgia divided a humid air mass over Texas from a cooler, drier mass across the central plains and the Midwest.

This

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KCC estimates Texas hailstorm insured loss at over $1bn

Karen Clark & Co (KCC) has estimated the insured loss of hailstorms in Texas this month at more than $1bn.

Fuel a smarter strategy with our actionable market intelligence

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KCC estimates Texas hailstorm insured loss at over $1bn

Karen Clark & Co (KCC) has estimated the insured loss of hailstorms in Texas this month at more than $1bn.

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Fuel a smarter strategy with our actionable market intelligence

Topics

PFZW’s ILS investments return 11.7% year-to-date

Cat bond volume of $495mn has come to the market

Milton: A proof of concept moment for ILS

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CoreLogic pegs Milton insured loss at $17bn-$28bn