Ever wonder how much Hurricane Andrew would cost insurers if it struck today? A timely report from catastrophe risk management and modeling firm Karen Clarke & Co (KCC) has the answer.

According to KCC estimates, Hurricane Andrew would be three times as costly in 2012, causing close to $50 billion in insured losses today, compared to $15.5 billion when it occurred in 1992.

In fact, KCC has mapped out the landfall points of all 28 historical hurricanes that would cause $10 billion or more in insured losses today.

Here they are:

A couple of things jump out from this map and the report.

First, Florida has a target on its back. KCC notes that almost half – 13 out of 28 – of the historical hurricanes causing insured losses of $10 billion or more made landfall in Florida. Florida also has the largest loss – $125 billion from a repeat of the 1926 Great Miami Hurricane.

Another interesting fact from KCC is that there are three historical Northeast hurricanes that would cause $10 billion or larger in insured losses today versus just two in the Southeast.

The upshot is that the U.S. is likely to experience a $10 billion or larger insured loss one year out of four on average:

In other words, there’s a 25 percent chance of a $10 billion or larger loss this year. There’s almost a five percent chance of a $50 billion or larger loss.”

Insurance Journal has more on this story.

Here are some additional facts and statistics on hurricanes from the I.I.I.