2020 Atlantic hurricane season

Hurricane Delta struck the Yucatan Peninsula region of Mexico yesterday, causing damage to properties including in the high-value Cancun resort region. The hurricane weakened slightly, but has since intensified again after emerging fully over the Gulf of Mexico.

Hurricane Delta has weakened slightly on approach to Mexico’s Yucatan Peninsula, but still at major Category 3 strength will deliver a life-threatening storm surge and damaging winds and is then expected to head into the Gulf where it could maintain major status right up to landfall on the U.S. Gulf Coast at the end of […]

Hurricane Delta has now intensified into the third major hurricane of the 2020 Atlantic storm season and with further strengthening in the forecast this storm could pose a test for the World Bank issued FONDEN 2020 catastrophe bond sponsored by the Mexican government.

Tropical storm Delta has quickly intensified to become Category 2 hurricane Delta as it moves through the Caribbean and the hurricane is now expected to reach major status, of Category 3 or higher, as it moves towards a landfall on the central U.S. Gulf Coast at the end of this week.

The 2020 Atlantic hurricane season is still in its peak and despite a week or more of quieter conditions the tropics have become active again, as tropical storm Delta becomes the 25th named storm of the year and is forecast to become hurricane Delta as it moves across the Gulf of Mexico towards another United […]

Catastrophe risk modeller RMS has estimated that total U.S. insurance and reinsurance industry losses from Hurricane Sally will be between $2 billion and $3.5 billion.

The insurance and reinsurance industry loss estimates for recent hurricane Sally are coming in thick and fast, with catastrophe risk modeller AIR Worldwide now releasing an official estimate for insured losses of between $1 billion and $3 billion.

Onshore property losses for the private insurance and reinsurance market from recent hurricane Sally are estimated at just $2 billion by catastrophe risk modeller Karen Clark & Company.

Hurricane Teddy is a large and significant storm but thankfully looks set to pass to the east of Bermuda, although the island could be in for tropical storm-force winds over the next 24 hours.

Hurricane Sally’s extreme rainfall and storm surge are expected to drive significant insured losses for the National Flood Insurance Program (NFIP), putting its reinsurance panel and catastrophe bond investors on alert, according to A.M. Best.