Reinsurance News
Karen Clark & Company
KCC estimates insured loss from Winter Storm Fern at $6.7bn
3rd February 2026
Catastrophe risk modelling firm Karen Clark and Company (KCC) has estimated that the privately insured loss from Winter Storm Fern, which brought snow and ice to more than 30 states, will be $6.7 billion. The estimate, which is based on the high-resolution KCC US Winter Storm Model, includes the privately insured ... Read the full article
KCC adds industry veteran Deanne Nixon as SVP
28th January 2026
Karen Clark & Company (KCC), a provider of catastrophe risk modelling solutions, has appointed industry veteran Deanne Nixon as a Senior Vice President (SVP) in its senior leadership team, based in Jacksonville, Florida. In her new role, Nixon will be working directly with insurers and reinsurers to ensure KCC’s advanced modeling ... Read the full article
KCC releases US Winter Storm Model Version 3.0
19th November 2025
Karen Clark & Company (KCC), a provider of catastrophe risk modelling solutions, has released Version 3.0 of its US Winter Storm Model. The model captures two types of winter storms: extratropical cyclones (ETCs) and Arctic air outbreaks. North American ETCs are large low-pressure systems, such as Nor’easters, that cause damage primarily ... Read the full article
KCC releases US SCS Model Version 4.0
12th November 2025
Karen Clark & Company (KCC), a provider of catastrophe risk modelling solutions, has released Version 4.0 of its US Severe Convective Storm (SCS) Model. In the US, SCS losses dominate annual weather-related insured property losses. KCC noted that many reinsurers and ILS investors still rely on older catastrophe modelling technology, which ... Read the full article
Insured losses from Hurricane Melissa impacts in Jamaica and Cuba to hit $2.4bn: KCC
6th November 2025
The privately insured loss from Hurricane Melissa damages to residential, commercial, and industrial properties in Jamaica and Cuba is expected to hit $2.4 billion, based on Karen Clark & Company's (KCC) high-resolution Caribbean Hurricane Model. Catastrophe risk modeller KCC explained that despite this storm devastating parts of Jamaica and Cuba, the ... Read the full article
KCC launches RiskInsight 4.15 to support efficient catastrophe risk modelling
17th September 2025
Karen Clark & Company (KCC), a catastrophe risk modelling firm that provides services to the insurance and reinsurance industry, has announced the release of RiskInsight Version 4.15, the latest iteration of its open loss modelling platform. This version introduces substantial system and performance enhancements, improving speed, scalability, and computational power for ... Read the full article
KCC appoints Milan Simic as Global Strategy Advisor
4th September 2025
Karen Clark & Company (KCC), a provider of catastrophe risk modelling solutions, has announced the appointment of Dr. Milan Simic as Global Strategy Advisor. In this role, Simic will lead global growth initiatives and manage international client relationships. Based in London, he will report to Karen Clark, Co-Founder and CEO of ... Read the full article
KCC identifies US coastal cities at risk of $100bn hurricane losses
20th August 2025
Karen Clark & Company (KCC), a provider of catastrophe risk modelling, has examined the likelihood of hurricanes causing insured losses exceeding $100 billion in the United States, highlighting the most vulnerable regions and what these exposures mean for the insurance industry. According to Karen Clark & Company’s analysis, hurricane losses are ... Read the full article
CDI completes review of KCC US Wildfire Model
1st August 2025
Karen Clark & Company (KCC), a provider of catastrophe risk modelling solutions, has announced that the California Department of Insurance (CDI) has completed its review of KCC’s US Wildfire Reference Model Version 3.0 under the newly established Pre-Application Required Information Determination Procedure (PRID). This development paves the way for insurers to ... Read the full article
KCC introduces High Velocity models for faster catastrophe loss analysis
17th June 2025
Karen Clark & Company (KCC), a provider of catastrophe risk modelling solutions, has released a new set of High Velocity (HV) models aimed at streamlining the analysis of hurricane and severe convective storm (SCS) losses. These models are designed to support quicker assessments while remaining consistent with KCC’s ... Read the full article
KCC US Hurricane Model 5.0 receives certification from Florida Commission on Hurricane Loss
12th June 2025
Karen Clark & Company (KCC), a provider of catastrophe risk models and analytics to the insurance industry, has announced that its US Hurricane Reference Model Version 5.0 has been officially certified by the Florida Commission on Hurricane Loss Projection Methodology (FCHLPM). KCC is the first modelling firm to earn certification under ... Read the full article
KCC estimates insured loss from LA wildfires at close to $28bn
23rd January 2025
Karen Clark & Company (KCC) has estimated that the insured loss (from privately insured and FAIR plan policies) to residential, commercial, and industrial properties, and autos from the Palisades and Eaton Fires in Los Angeles will be close to $28 billion. This estimate, which is based on the high-resolution KCC US ... Read the full article
Hurricane Milton privately insured loss estimated close to $36bn: KCC
15th October 2024
Karen Clark & Company (KCC) has estimated that the privately insured loss from Hurricane Milton will be close to $36 billion in the US from wind, storm surge, and inland flooding. This estimate, based on the high-resolution KCC US Hurricane Reference Model, includes the privately insured damage to residential, commercial, and ... Read the full article
KCC estimates privately insured loss from Debby in the US will near $1.4bn
15th August 2024
Privately insured losses in the US from Hurricane Debby, the fourth named storm of the 2024 North Atlantic hurricane season and the third hurricane in the past decade to make landfall in Florida’s Big Bend region, will be close to $1.4 billion, according to catastrophe risk modeller, Karen Clark & ... Read the full article
Hurricane Beryl: $3.3bn in insured losses estimated by KCC
11th July 2024
Karen Clark & Company (KCC) has estimated that the privately insured loss from Hurricane Beryl will be close to $510 million in the Caribbean, $90 million in Mexico and $2.7 billion in the US. According to the firm, its US estimate includes the privately insured damage to residential, commercial, and industrial ... Read the full article
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