Swiss Re Insurance-Linked Fund Management

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Today is the official start of the 2012 Atlantic tropical storm & hurricane season


The 1st of June marks the official start of the Atlantic tropical storm and hurricane season. The 2012 season though has already begun when a couple of weeks ago when  a very early tropical storm Alberto formed on the 19th May. Alberto made little impact but as if providing a warning approached the U.S. coastline before turning away. Tropical storm Beryl followed on 26th May and this storm did make landfall on the U.S. coastline.

So the 2012 storm season has already provided an early warning of what could be to come this year. For two storms to form so early is very unusual, the last time it happened in May was in the late 1800’s. Beryl brought tropical storm force winds and inches of rain to much of northern Florida, causing some flooding and then skirted north through Georgia and the Carolinas causing torrential rain and some flooding along the way. Insured losses from Beryl are likely to be low.

We’ll keep you up to date as the 2012 Atlantic storm season progresses. You can see details of every storm, tracking maps, forecasts and satellite images on our 2012 Atlantic hurricane season page. Bookmark the page or just keep an eye on our news pages as we’ll write about any storms that form and pose a threat to land and therefore the re/insurance and catastrophe bond sectors.

Forecasts suggest the season should be quieter than the last few years, of course that doesn’t necessarily mean less damaging, but we hope that the 2012 season will pass without major impact to the U.S. or Caribbean islands.

The hurricane season officially ends on the 30th November.

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