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As property values increase across the US, there are more concentrated pockets of exposure, particularly in areas vulnerable to natural catastrophes. RiskInsight® open and transparent risk management platform includes a detailed industry exposure database that enables effective risk management.
KCC engineers completed a post disaster field survey of damage following Superstorm Sandy and collected key observations and insights.
Twenty-eight storms are expected to cause $10 billion or more of insured losses if they were to occur again today, and one is estimated to cause losses in excess of $100 billion.
Hurricane Isaac made landfall at the end of August in Louisiana as a Category 1 hurricane. KCC has generate a windfield footprint for the storm.
Most insurance companies manage catastrophe risk at the 1 in 100 and 1 in 250 year return period losses. Characteristic Events (CEs) provide insurers with estimates of losses more directly tied to the scientific probability of events occurring.
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