By comparison, the four powerful hurricanes that hit Florida last year cost insurance companies $23 billion.
October included three storms, with a powerful hurricane that killed over 200 people.
A powerful hurricane, most often called the 1900 Storm, destroyed a large part of the city and killed 6,000 people.
For a more powerful hurricane, order one in a plastic coconut.
Several other powerful hurricanes have passed near to the island with damaging effects.
Officials said it could be one of the most powerful hurricanes the island has ever experienced.
The previous industry record for natural disasters was a little more than $27 billion last year, when four powerful hurricanes hit Florida.
Terry was a powerful major hurricane that formed by the 15th of September.
More than three times the most powerful hurricane on record.
Then in 1875, a powerful hurricane blew through, nearly destroying the town.