Scopes

Catastrophe Scope · Landfall

Atlantic hurricane landfall climatology

The independent base rate for a hurricane striking each coastal city: the climatological return period (from HURDAT2 track history) expressed as a per-season strike probability. This is the insurance/cat-bond-standard view, and the fair-value engine behind Scopes's landfall markets. Kalshi lists per-city landfall markets when a storm threatens; when they're live, the market price sits next to these numbers.

CityReturn periodSeason strikeRest of season
Florida (statewide)FL~2.2 yr37%9%
Hatteras IslandNC~5 yr18%4%
WilmingtonNC~6 yr15%3%
MiamiFL~7 yr13%3%
North Myrtle BeachSC~7 yr13%3%
New OrleansLA~8 yr12%3%
CharlestonSC~9 yr11%2%
NorfolkVA~11 yr9%2%
JacksonvilleFL~12 yr8%2%
SavannahGA~14 yr7%1%

Method: landfalls near a city are modeled as a Poisson process at the climatological annual rate (λ = 1 ÷ return period); season strike = 1 − e−λ. The rest-of-season figure scales λ by the share of Atlantic landfall risk still ahead (risk clusters in Aug–Oct). Return periods are v1 climatology placeholders from published HURDAT2 studies, to refine with a live track parse. Independent of the venue's settlement source (NHC best-track).

Research & information only, not investment advice.