The ten most expensive U.S. hurricanes for insurance companies since 1970. The amount insurers pay out to policyholders is typically a fraction of the overall economic cost.
Katrina, 2005, $74.7 billion
Andrew, 1992, $25.6 billion
Ike, 2008, $21.1 billion
Ivan, 2004, $15.4 billion
Wilma, 2005, $14.5 billion
Rita, 2005, $11.6 billion
Charley, 2004, $9.6 billion
Hugo, 1989, $8.3 billion
Frances, 2004, $6.1 billion
Irene, 2011, $5.3 billion
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Sources: Swiss Re Sigma, Morgan Stanley research.
