AM Best Dan Ward, atmospheric scientist and director of model development, Karen Clark and Co., discusses the outlook for the 2024 hurricane season. Ward expects a very active season this year, especially in places such as Florida and Louisiana, as well as wildfire as a secondary peril.
Tag: KCC
Japan Earthquake Estimated to Cost Insurers $6.4B
Insured losses from the devastating earthquake in Japan could reach $6.4 billion, according to an estimate from U.S.-based catastrophe modeling firm Karen Clark & Co (KCC).
June Insured Losses from Severe Convective Storms Estimated at $5.5B
KCC estimates that the insured loss from this Severe Convective Storm (SCS) outbreak will be close to $5.5 billion.
KCC: Turkey Earthquakes to Cost Insurers $2.4B
Catastrophe modeling firm Karen Clark & Company (KCC) said on Thursday it expects insured losses of $2.4 billion from Turkey earthquakes.