2019 Atlantic hurricane season

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Hurricane Dorian impact on Bahamas likely to cost $7bn+, says KCC

Hurricane Dorian's category 5 winds and devastating storm surge are expected to result in combined insurance and economic costs of at least $7 billion, according to an estimate from Karen Clark & Company. The company believes that this figure will be reached based on insurance and reinsurance market losses as well read the full article →

Hurricane Dorian lashing Carolinas coastal areas

Hurricane Dorian remains a dangerous storm offshore of the southeastern United States, but it has weakened very slightly back to Category 2 status although still poses a dangerous threat to the Carolinas where a landfall remains possible. Update, Sep 6th: Hurricane Dorian has weakened slightly but remains a Category 1 hurricane read the full article →

Hurricane Dorian forecast for possible U.S. landfall in Carolinas

Hurricane Dorian is set to bring much of the United States southeastern coastline the potential for "life-threatening storm surge and dangerous winds" as it travels north, with the Carolinas now facing the potential for a landfall from the eye. Update, Sep 6th: Hurricane Dorian has weakened slightly but remains a Category read the full article →

Hurricane Dorian weaker but still dangerous, U.S. coast not in the clear

Hurricane Dorian has remained almost stationary over the Bahamas for the last 24 hours, causing significant damage to property and loss of life. Now slightly weakened at strong Category 2, with 110 mph sustained winds, the forecast continues to show a slow passage up the U.S. east coast, just offshore read the full article →

Dorian may have damaged or destroyed up to 13,000 Bahamas homes

Hurricane Dorian may have severely damaged or completely destroyed as many as 13,000 homes in the Bahamas Islands, according to initial assessments from local authorities and the Red Cross. Hurricane Dorian smashed into the Abaco Islands of the Bahamas with 185 mph sustained winds and gusts of more than 220 mph read the full article →

Risk of major ILS market loss from Dorian lessened, but impacts still possible

The threat hurricane Dorian posed last week to the insurance-linked securities (ILS), catastrophe bond and collateralised reinsurance market was particularly significant, with scenario loss estimates having shown an event that could have caused further significant impacts to ILS funds and investments. But over the weekend the forecast for hurricane Dorian has read the full article →

Cat bond market dipped less than 1% on hurricane Dorian threat

The catastrophe bond market only dipped by less than 1% on the threat of an approaching hurricane Dorian last week, data on the price return of the outstanding market shows. Update, Sep 5th: Hurricane Dorian remains a strong hurricane. The U.S. coastline is not yet in the clear, as Dorian is read the full article →

Hurricane Dorian sustaining Cat 5, Florida still at-risk as eyewall grows

Hurricane Dorian is still a very dangerous Category 5 hurricane and is now packing sustained wind speeds of 160 mph as it continues to batter the Bahamas. Update, Sep 4th: Hurricane Dorian remains a strong hurricane. The U.S. coastline is not yet in the clear, as Dorian is forecast to hug read the full article →

Hurricane Dorian slams Bahamas, Florida risks hurricane winds, surge, rain

Hurricane Dorian remains a monster storm this morning, with sustained winds of 160 mph and higher gusts. The Bahamas felt the full-force of Dorian as a strong Category 5 storm, resulting in significant damage for some islands, while the Florida coast is now at-risk of hurricane force winds, storm surge read the full article →

Hurricane Dorian at Cat 5. To hit Bahamas, forecast to stay offshore Florida

Hurricane Dorian continues towards the Bahamas with a dangerous situation unfolding, with the Florida coastline still in the storms sights depending on the timing of its turn to the north. A major Category 5 storm as of the latest update, Dorian packs "devastating" hurricane speed winds, according to the NHC read the full article →