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Hurricane season; it’s not over till it’s over

The 2010 Atlantic tropical storm and hurricane season has certainly proved to be as active as the forecasts suggested it would be even without the volume of landfalling events that were forecast. We're currently up to 19 names storms this year and some forecasters are suggesting that we can expect read the full article →

Tropical storm Tomas triggers CCRIF payout

The Caribbean Catastrophe Risk Insurance Facility has announced that it expects to make payments to Barbados, Saint Lucia and St Vincent and the Grenadines under the disaster pooling facilities insurance scheme.Preliminary calculations from the CCRIF show payouts of $8.5m for Barbados, $3.2m for Saint Lucia and $1.1m for St Vincent read the full article →