2021 hurricane season

There is an elevated risk of Gulf Coast hurricane landfalls during the 2021 Atlantic tropical storm and hurricane season, while overall activity levels are expected to be broadly in line with the climatological norm, according to ILS investment manager Twelve Capital.

Tropical storm Elsa weakened from its once hurricane status over the weekend and is now heading for a Cuba landfall before it moves into the Florida Straits. But despite being weaker, tropical storm Elsa still has the potential to be disruptive in the state and cause damage.

We now have our first hurricane of the 2021 Atlantic tropical storm season, as tropical storm Elsa has intensified as anticipated and now becomes hurricane Elsa, with the forecast still bringing the storm towards Florida over the coming days.

Tropical storm Elsa has now formed in the Atlantic and become the earliest fifth named storm on record, while only just missing another record for forming the furthest east this early in the season and is now forecast to track towards Florida and the Gulf Coast by early next week.

Tropical depression four which sits just off the South Carolina coast is expected to become the fourth named storm, as tropical storm Danny, of the 2021 Atlantic hurricane season before it makes landfall later today to the south-west of Charleston.

Swiss Re has warned that insurance and reinsurance firms will face increased indemnity costs after land-falling hurricanes in the United States this year, as inflationary factors are set to drive claims amounts higher.

Tropical storm Claudette is now forecast as likely to be named in the coming hours and make the first landfall of the 2021 Atlantic hurricane season, with the latest forecasts suggesting that sustained winds could near 45 mph, while torrential rain, flooding and some tornadoes are forecast for the Louisiana and inland region.

For our latest Artemis Live video interview we wanted to explore inflationary trends and their potential to impact on the catastrophe claims process, as well as throw up some unexpected results when losses happen. So we were joined by Mike Fulton, President of Xactware and Tom Johansmeyer, Head of PCS, to discuss inflationary pressures and […]

Tropical storm and hurricane research meteorologists at Colorado State University have today issued an updated forecast for activity during the 2021 Atlantic hurricane season, continuing to call for an above-average season with 8 hurricanes, 4 of them expected to become major storms.

For our latest Artemis Live interview we were joined by Jeff Waters and Ben Brookes from catastrophe risk modeller RMS, to discuss the latest update to the RMS North Atlantic hurricane model and how the insurance-linked securities (ILS) market should think about this evolution in modelling hurricane risk.