KCC Flash Estimate - Hurricane Milton
KCC estimates that the privately insured loss from Hurricane Milton will be close to $36 billion in the US.
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KCC catastrophe models have a proven track record for more accurately predicting losses for the major perils of hurricane, flood, earthquake, wildfire, and severe convective storm across multiple regions and countries.
Based on the most current and advanced scientific research, KCC models are distinguished by their accuracy, transparency, and capacity for customization. By providing the most reliable estimates for losses, numbers of claims, and claim size distributions in high resolution, KCC models can be used as your primary tool for pricing, underwriting, claims adjusting, reinsurance decisions, and portfolio management.
Catastrophes are like real estate—it’s all about location. While other models prepare you for the events most likely to happen, KCC models prepare you for all possible events. The Characteristic Event (CE) method ensures complete and unbiased spatial coverage in order to identify your exposure concentrations and hidden surprises scientifically and efficiently.
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KCC Flash Estimate - Hurricane Milton
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