Quantcast
Browsing all 184 articles
Browse latest View live

Image may be NSFW.
Clik here to view.

Hurricane Irma a potential U.S. threat next weekend

Major category 3 hurricane Irma is currently heading west across the Atlantic, with winds of 115 mph and a forecast that shows further intensification and a potential threat to the Bahamas and the...

View Article


Image may be NSFW.
Clik here to view.

Irma & Harvey losses combined may still just be an earnings event: Morgan...

Reflecting just how well capitalised the reinsurance industry is, analysts at Morgan Stanley said today that they believe that even the aggregate industry losses from hurricane Irma and hurricane...

View Article


Image may be NSFW.
Clik here to view.

Hurricane Irma leaves trail of destruction, Florida still in its path

Updated – 15:00 UTC September 7th: Major category 5 Hurricane Irma, which became the second strongest storm in history in the Atlantic, has battered the Leeward Islands of the Caribbean leaving a trail...

View Article

Image may be NSFW.
Clik here to view.

Hurricane Irma bearing down on Florida with 130mph+ winds

Updated – 11:00 AM UTC on September 10th: Major Hurricane Irma continues on its path towards the state of Florida, slightly weakened after striking Cuba but still with winds sustained at 130 mph with...

View Article

Image may be NSFW.
Clik here to view.

Increased use of retro to limit reinsurers’ Irma exposure: A.M. Best

International ratings agency, A.M. Best, has highlighted the increased use of retrocessional reinsurance protection amongst global reinsurers, including from the capital markets, which could limit some...

View Article


Image may be NSFW.
Clik here to view.

As Irma tracks west, impact to ILS market lessens: Brookes, RMS

As major hurricane Irma continues to track west and the forecast path for the storm predicts the expected turn to the north towards Florida will be later, resulting in the landfall position shifting...

View Article

Image may be NSFW.
Clik here to view.

Live cat trades at $80 bn on hurricane Irma threat

The market for live cat (live catastrophe) trading and protection buying saw a little activity yesterday, as hurricane Irma continued its approach towards Florida, with at least one trade completed...

View Article

Image may be NSFW.
Clik here to view.

AIR puts hurricane Irma as up to $65 billion insured loss

Catastrophe risk modeling firm AIR Worldwide said that combined insurance losses for Hurricane Irma for the United States and some islands in the Caribbean will range from $20 billion to $65 Billion,...

View Article


Image may be NSFW.
Clik here to view.

Hurricane Irma to stress-test third-party capital staying power: S&P

The potential impact of major hurricane Irma, which now has Category 3 status and 130 mph+ winds as it tracks towards Florida, could be a test of the permanence of third-party capital in the global...

View Article


Image may be NSFW.
Clik here to view.

Hurricane Irma slams into Florida, surge floods both coasts

Hurricane Irma slammed into Florida on Sunday as a Category 4 storm with 130 mph winds, hitting the Florida Keys first before making a second landfall on the southwest coast of the Peninsula. Coastal...

View Article

Image may be NSFW.
Clik here to view.

Hurricane Irma insured industry loss $25bn: Karen Clark & Co.

The insurance and reinsurance industry loss from hurricane Irma has been estimated at $25 billion by catastrophe risk modelling firm Karen Clark & Company (KCC), with $18 billion of this from the...

View Article

Image may be NSFW.
Clik here to view.

Munich Re warns of Q3 loss on Harvey & Irma

Global reinsurance firm Munich Re said yesterday that it anticipates falling to a loss in the third-quarter due to its losses from hurricanes Harvey and Irma, which suggests a loss to the company...

View Article

Image may be NSFW.
Clik here to view.

Hurricane Maria strengthening, Jose nearing. U.S. on watch

An updated article on hurricane Maria can be found here. Previous article: Hurricane Maria is nearing the Caribbean Leeward islands with sustained winds currently at 120 mph and higher gusts, as of...

View Article


Image may be NSFW.
Clik here to view.

AIR lowers hurricane Irma industry loss estimate to $32-$50 billion

Risk modelling firm AIR Worldwide has reduced its estimate of insurance and reinsurance industry losses caused by hurricane Irma, narrowing the range and dropping the upper end to now forecast...

View Article

Image may be NSFW.
Clik here to view.

Hurricane Maria reaches Cat 5 175mph winds as it batters Caribbean

Hurricane Maria has intensified into the second devastating storm to pass through the Caribbean in less than a fortnight, as the hurricane reached 160 mph sustained winds before making striking...

View Article


Image may be NSFW.
Clik here to view.

Hurricane Maria storm & surge watches raised for U.S.

Hurricane Maria which has been churning through the Atlantic following its devastating hit on Dominica, Puerto Rico and the Caribbean, now poses a growing threat to the United States, as its track...

View Article

Image may be NSFW.
Clik here to view.

Nate forecast to reach hurricane strength on track for Gulf coast

Tropical storm Nate is set on a course towards the United States, where forecasts predict it will make a Gulf Coast landfall as a hurricane. It’s uncertain how strong or where the landfall could be,...

View Article


Image may be NSFW.
Clik here to view.

Hurricane Nate set for Gulf Coast landfall, forecast to intensify

Hurricane Nate remains on course for the United States Gulf Coast, where forecasts predict it will make landfall as a strong hurricane. Nate currently has 90 mph winds and higher gusts, with central...

View Article

Image may be NSFW.
Clik here to view.

Ophelia targets Ireland as hurricane force storm

Hurricane Ophelia, having become the furthest east storm to reach major Category 3 status, is tracking towards Ireland and threatens a landfall in the south-west of the country as a strong...

View Article

Image may be NSFW.
Clik here to view.

Atlantic hurricane activity in 2018 expected above normal: Scientists

Atlantic basin hurricane activity in 2018 is currently seen as most likely to be above normal by a range of scientists, as climate related factors point to seasonal activity being heightened with a...

View Article
Browsing all 184 articles
Browse latest View live