Karen Clark & Company

Harvey a $15.4bn insured loss (ex NFIP), over $12bn inland flooding: KCC

1st September 2017

Excluding any National Flood Insurance Program (NFIP) claims, Karen Clark & Company (KCC) has estimated the total insurance and reinsurance industry loss from hurricane Harvey to be at around $15.4 billion. Broken down, KCC estimates inland flooding to drive the majority of the insured loss, accounting for $12.4 billion of the ... Read the full article