Insurers are bracing for heavy losses as Hurricane Idalia makes landfall in Florida’s Big Bend region as an “extremely dangerous” Category 3 storm.

The hurricane, which comes after a very expensive quarter for the industry for catastrophe losses amid devastating wildfires, is expected to add to the woes of property and casualty insurers.

Reinsurance broker Gallagher Re preliminarily pegged global insured losses from natural hazards in the first six months of 2023 at $52 billion, while weather and climate events alone were expected to have driven an insurance bill of $46 billion.

Here are 10 of the costliest hurricanes to hit the United States in terms of insured loss:

(Compiled by Manya Saini in Bengaluru; Edited by Shounak Dasgupta)