Repeat of Great New England Hurricane would produce $20bn+ insured loss in New York: KCC
Reinsurance News - Apr 13, 2026
A recurrence of the 1938 Great New England Hurricane would produce more than $20 billion in insured losses in New York alone with today’s property values and rebuilding costs, according to a recent paper by Karen Clark & Company (KCC), a catastrophe risk modeller. KCC warned that although New Yo...
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