CATASTROPHIC HURRICANE LOSSES IN THE UNITED STATES, 1999-2008
1999 |
5 |
$3.0 billion |
2004 |
5 |
$26.1 billion |
2000 (3) |
0 |
NA |
2005 |
6 |
64.3 billion |
2001 (3) |
0 |
NA |
2006 (3) |
0 |
NA |
2002 |
1 |
514.6 million |
2007 (3) |
0 |
NA |
2003 |
2 |
2.1 billion |
2008 |
3 |
15.2 billion |
|
(1) Catastrophic hurricanes as defined by ISO.
(2) Adjusted to 2008 dollars by ISO.
(3) No wind event met ISO's Property Claims Services unit (PCS) catastrophe definition of a single incident or a series of related incidents, man-made or natural disasters that causes insured property losses of at least $25 million and affects a significant number of policyholders and insurers.
NA=Not applicable.
Source: ISO's Property Claims Services unit (PCS).
MAJOR HURRICANE LOSSES IN THE UNITED STATES, 2000-2009
2000 (3) |
0 |
NA |
NA |
2005 |
6 |
$58.3 billion |
$64.0 billion |
2001 (3) |
0 |
NA |
NA |
2006 (3) |
0 |
NA |
NA |
2002 |
1 |
$430.0 million |
$512.4 million |
2007 (3) |
0 |
NA |
NA |
2003 |
2 |
1.8 billion |
2.1 billion |
2008 |
3 |
15.2 billion |
15.4 billion |
2004 |
5 |
22.9 billion |
26.0 billion |
2009 (3) |
0 |
NA |
NA |
|
(1) Major hurricanes causing at least $25 million in insured property losses and affecting a significant number of policyholders and insurers.
(2) Adjusted for inflation through 2009 by ISO using the GDP implicit price deflator.
(3) No wind event met the PCS catastrophe definition.
NA=Not applicable.
Source: ISO's Property Claim Services (PCS) unit.
CATASTROPHIC HURRICANE LOSSES IN THE UNITED STATES, 2001-2010
2001 (3) |
0 |
NA |
NA |
2006 (3) |
0 |
NA |
NA |
2002 |
1 |
$430.0 million |
$516.6 million |
2007 (3) |
0 |
NA |
NA |
2003 |
2 |
1.8 billion |
2.1 billion |
2008 |
3 |
$15.2 billion |
$15.5 billion |
2004 |
5 |
22.9 billion |
26.2 billion |
2009 (3) |
0 |
NA |
NA |
2005 |
6 |
58.3 billion |
64.6 billion |
2010 (3) |
0 |
NA |
NA |
|
(1) Major hurricanes causing at least $25 million in insured property losses and affecting a significant number of policyholders and insurers.
(2) Adjusted for inflation through 2010 by ISO using the GDP implicit price deflator.
(3) No wind event met the PCS catastrophe definition.
NA=Not applicable.
Source: The Property Claim Services (PCS) unit of ISO, a Verisk Analytics company.
CATASTROPHIC HURRICANE LOSSES IN THE UNITED STATES, 2002-2011
2002 |
1 |
$430 million |
$529 million |
2007 |
0 (3) |
NA |
NA |
2003 |
2 |
1.8 billion |
2.1 billion |
2008 |
3 |
$15.2 billion |
$15.8 billion |
2004 |
5 |
 22.9 billion |
 26.8 billion |
2009 |
0 (3) |
NA |
NA |
2005 |
6 |
 58.3 billion |
 66.1 billion |
2010 |
0 (3) |
NA |
NA |
2006 |
0 (3) |
 NA |
 NA |
2011 |
1 |
4.3 billion |
4.3 billion |
|
(1) Hurricanes causing insured property losses of at least $25 million in 1997 dollars and affecting a significant number of policyholders and insurers. Does not include losses covered by the federally administered National Flood Insurance Program.
(2) Adjusted for inflation through 2011 by ISO using the GDP implicit price deflator.
(3) No hurricane met the PCS definition of a catastrophe.
NA=Not applicable.
Source: The Property Claim Services (PCS) unit of ISO, a Verisk Analytics company.
CATASTROPHIC HURRICANE LOSSES IN THE UNITED STATES, 2003-2012
2003 |
2 |
$1.8 |
$2.0 |
2008 |
3 |
$15.2 |
$16.1 |
2004 |
5 |
22.9 |
27.3 |
2009 |
0 (3) |
NA |
NA |
2005 |
6 |
58.3 |
67.3 |
2010 |
0 (3) |
NA |
NA |
2006 |
0 (3) |
NA |
NA |
2011 |
1 |
4.3 |
4.4 |
2007 |
0 (3) |
NA |
NA |
2012 |
2 |
19.7 |
19.7 |
|
(1) Hurricanes causing insured property losses of at least $25 million in 1997 dollars and affecting a significant number of policyholders and insurers. Excludes losses covered by the federally administered National Flood Insurance Program.
(2) Adjusted for inflation through 2012 by ISO using the GDP implicit price deflator.
(3) No hurricane met the PCS definition of a catastrophe.
NA=Not applicable.
Source: Property Claim Services (PCS), a division of Verisk Analytics.
CATASTROPHIC HURRICANE LOSSES IN THE UNITED STATES, 2004-2013
|
|
Estimated insured loss |
|
|
Estimated insured loss |
Year |
Number of catastrophic
hurricanes (1) |
Dollars when
occurred |
In 2013
dollars (2) |
Year |
Number of catastrophic
hurricanes (1) |
Dollars when
occurred |
In 2013
dollars (2) |
2004 |
5 |
$22.9 |
$27.0 |
2009 |
0 (3) |
NA |
NA |
2005 |
6 |
58.3 |
67.6 |
2010 |
0 (3) |
NA |
NA |
2006 |
0 (3) |
NA |
NA |
2011 |
1 |
$4.3 |
$4.4 |
2007 |
0 (3) |
NA |
NA |
2012 |
2 |
19.7 |
20.0 |
2008 |
3 |
15.2 |
16.3 |
2013 |
0 (3) |
NA |
NA |
|
(1) Hurricanes causing insured property losses of at least $25 million in 1997 dollars and affecting a significant number of policyholders and insurers. Excludes losses covered by the federally administered National Flood Insurance Program.
(2) Adjusted for inflation through 2013 by ISO using the GDP implicit price deflator.
(3) No hurricane met the PCS definition of a catastrophe.
NA=Not applicable.
Source: The Property Claim Services® (PCS®) unit of ISO®, a Verisk Analytics® company.
CATASTROPHIC HURRICANE LOSSES IN THE UNITED STATES, 2005-2014
|
|
Estimated insured loss |
|
|
Estimated insured loss |
Year |
Number of catastrophic
hurricanes (1) |
Dollars
when occurred |
In 2014
dollars (2) |
Year |
Number of catastrophic
hurricanes (1) |
Dollars
when occurred |
In 2014
dollars (2) |
2005 |
6 |
$58.3 |
$69.0 |
2010 |
0 (3) |
NA |
NA |
2006 |
0 (3) |
NA |
NA |
2011 |
1 |
$4.3 |
$4.5 |
2007 |
0 (3) |
NA |
NA |
2012 |
2 |
19.7 |
20.3 |
2008 |
3 |
15.2 |
16.6 |
2013 |
0 (3) |
NA |
NA |
2009 |
0 (3) |
NA |
NA |
2014 |
0 (3) |
NA |
NA |
|
(1) Hurricanes causing insured property losses of at least $25 million in 1997 dollars and affecting a significant number of policyholders and insurers. Excludes losses covered by the federally administered National Flood Insurance Program.
(2) Adjusted for inflation through 2014 by ISO using the GDP implicit price deflator.
(3) No hurricane met the PCS definition of a catastrophe.
NA=Not applicable.
Source: Property Claim Services (PCS®), a Verisk Analytics® business.
Catastrophic Hurricane Losses In The United States, 2006-2015
|
|
Estimated insured loss |
|
|
Estimated insured loss |
Year |
Number of catastrophic
hurricanes (1) |
Dollars
when occurred |
In 2015
dollars (2) |
Year |
Number of catastrophic
hurricanes (1) |
Dollars
when occurred |
In 2015
dollars (2) |
2006 |
0 (3) |
NA |
NA |
2011 |
1 |
$4.3 |
$4.6 |
2007 |
0 (3) |
NA |
NA |
2012 |
2 |
19.7 |
20.5 |
2008 |
3 |
$15.2 |
$16.8 |
2013 |
0 (3) |
NA |
NA |
2009 |
0 (3) |
NA |
NA |
2014 |
0 (3) |
NA |
NA |
2010 |
0 (3) |
NA |
NA |
2015 |
0 (3) |
NA |
NA |
|
(1) Hurricanes causing insured property losses of at least $25 million in 1997 dollars and affecting a significant number of policyholders and insurers. Excludes losses covered by the federally administered National Flood Insurance Program.
(2) Adjusted for inflation through 2015 by ISO using the GDP implicit price deflator.
(3) No hurricane met the PCS definition of a catastrophe.
NA=Not applicable.
Source: Property Claim Services (PCS®), a Verisk Analytics® business.