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2017 Atlantic tropical storm season


Hurricane Nate set for Gulf Coast landfall, forecast to intensify

7th October 2017

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 pressure of 982mb (at 06:00 PM UTC Oct 7th), and the storm could intensify further before landfall somewhere from Louisiana to Florida.

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CCRIF parametric payouts on Hurricane Irma reach $31.2m

20th September 2017

The CCRIF SPC (formerly the Caribbean Catastrophe Risk Insurance Facility) has announced that its payouts made to Caribbean governments due to the impacts of hurricane Irma will reach $31.2 million, while the facility has now passed $100 million of payouts to members since its launch.

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

19th September 2017

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 Dominica. Hurricane Maria’s winds had intensified to Cat 5 at 175 mph, now down to 155 mph again, but it could maintain this strength as […]

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

18th September 2017

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 3:00 PM UTC September 18th, but the storm, now a major Category 3 hurricane, could keep intenfsiying as it targets the islands and […]

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Hurricane Irma slams into Florida, surge floods both coasts

10th September 2017

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 flooding from storm surge has been reported on both coastlines, including areas such as the Miami Brickell district.

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Live cat trades at $80 bn on hurricane Irma threat

9th September 2017

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 with an industry loss trigger of $80 billion reported to Artemis this morning, and a few other deals getting done.

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