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Hurricane Sandy hits Jamaica, Cuba heads for Bahamas, U.S. on watch
Our latest update on hurricane Sandy can be found here. As forecast, Hurricane Sandy made landfall on Jamaica as a category 1 hurricane with maximum sustained winds of 80mph. Fueled by warm waters...
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Latest hurricane Sandy forecast shows U.S. East coast landfall
Our latest update on hurricane Sandy can be found here. Those who have followed our earlier articles on hurricane Sandy will know that the National Hurricane Center forecast maps have shown the storm...
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Hurricane Sandy threatens ‘perfect storm’ landfall on U.S. east coast
Our latest update on hurricane Sandy can be found here. Insurers, reinsurers and catastrophe bond investors will no doubt be going home this weekend with the little matter of hurricane Sandy on their...
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Sandy threatens billion dollar losses, could threaten catastrophe bonds
Hurricane Sandy continues to bear down on the U.S. eastern seaboard with forecasters still predicting a convergence of three weather systems that could turn Sandy into a ‘perfect storm’ (or...
View ArticleCatastrophe bond market participants comment on Sandy
We’ve been busily canvassing opinions and thoughts on hurricane Sandy’s potential impact from our contacts and friends in the marketplace today. Sandy is still threatening to be the worst northeast...
View ArticleEQECAT estimates Sandy insured loss $5B-$10B comments on cat bonds
Risk modelling firm EQECAT kindly gave us some thoughts on hurricane Sandy and how they see the potential for impact to catastrophe bonds. Tom Larsen, SVP and Product Architect, sent us some exclusive...
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Sandy hits U.S. northeast with deadly blow, impacts from storm continue
Hurricane Sandy is now an extra-tropical storm, currently positioned in south east Pennsylvania and forecast to slowly move through that state towards the Great Lakes. Sandy still has winds of up to...
View ArticleAIR Worldwide estimates Sandy insured loss at between $7B and $15B
We have another estimate of the insured losses caused by hurricane Sandy from risk modeller AIR Worldwide and it’s higher than previous estimates which were largely pre-landfall. After analysing the...
View ArticleBest of Artemis, week ending 4th November 2012
Hurricane Sandy dominated our coverage last week and kept us extremely busy. The market now awaits the verdict on whether there are meaningful impacts to catastrophe bonds and reinsurers. As always,...
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2012 Atlantic hurricane season more active than forecast
The 2012 Atlantic tropical storm and hurricane season looked like it was going to be relatively benign as far as the insurance, reinsurance and catastrophe bond sectors were concerned until Sandy came...
View ArticleEarly 2013 Atlantic hurricane season forecasts suggest active year
The 2013 Atlantic tropical storm and hurricane season begins on the 1st of June and runs until the end of November. As ever, around this time of the year the forthcoming hurricane season features more...
View ArticleEurope to see increase in part-hurricane, part extratropical Sandy-like storms
A recently published study suggests that western Europe will be hit by an increasing number of hurricane like and hybrid storms, not unlike hurricane Sandy, as the global climate warms. The study...
View ArticleCSU hurricane forecasters predict high risk of U.S. landfalls in 2013
Another of the well-respected hurricane forecasters has published its predictions for the 2013 Atlantic hurricane season and, like the forecasters we covered the other day, they call for an active...
View ArticleAbove average Atlantic hurricane season activity expected: AccuWeather
Weather forecaster AccuWeather Inc. has joined other forecasters of tropical cyclone and hurricane activity in predicting a 2013 Atlantic hurricane season with above average levels of activity. Every...
View Article‘Active or extremely active’ 2013 Atlantic hurricane season, forecast by NOAA
The last of the forecasters who we follow on Artemis, the U.S. National Oceanic and Atmospheric Administration or NOAA, has now published its forecast for the 2013 Atlantic hurricane season. The NOAA...
View ArticleGrowing number of capital markets investors accepting hurricane risk: Fitch
As the insurance and reinsurance industry fast approaches the 2013 Atlantic Hurricane Season, which technically begins tomorrow on the 1st June, ratings agency Fitch Ratings says that the U.S....
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Atlantic hurricane season starts tomorrow, tropics already ripe for development
The 2013 Atlantic Hurricane Season begins tomorrow and runs for six months, from June 1st until the end of November, and the tropics are already looking ripe for storm development according to a number...
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Forecasters confidence that Atlantic hurricane season will be active increases
Two of the most respected hurricane forecasters have updated their predictions for the 2013 Atlantic Hurricane Season today. The Colorado State University team has kept the number of storms and...
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Tropical storm Andrea, first of 2013 season, forms in the Gulf and heads for...
The 2013 Atlantic Hurricane Season has its first tropical storm of the season which formed just five days into the six month long tropical season. As we suggested here last Friday, the disturbance in...
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Tropical Storm Barry forms in the Gulf, aims for Mexico
The second named tropical storm of the 2013 Atlantic hurricane season formed in the Gulf of Mexico yesterday, as a tropical depression attained enough organisation to reach high enough wind-speeds to...
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