el nino

The Northwest Pacific typhoon season is forecast to see above-normal levels of storm activity in 2023, with 13 intense typhoons predicted by Tropical Storm Risk (TSR).

For just the third time since records began, a triple dip La Niña has been declared by the Australian Bureau of Meteorology (BOM), with impacts including above-average rainfall anticipated for some regions of the world.

The Northwest Pacific typhoon season, which is one of the peak zone perils for reinsurance, catastrophe bond and other insurance-linked securities (ILS), is forecast to see activity levels roughly 20% below-normal, as the effects of La Niña are increasingly expected to last through summer and into Autumn.

The Australian Bureau of Meteorology (BOM) has declared La Niña conditions for the Pacific ocean, highlighting that the event could cause weather impacts in Australia and more widely, which has ramifications for insurance and reinsurance market interests.

Forecasts for the 2019 Atlantic hurricane season have slowly been increasing, in terms of numbers of storms, as forecast teams have included the activity so far and taken into account that El Niño is now not expected to be an influence through the rest of this year.

Interesting news for anyone interested in the forecasts for Atlantic tropical storm and hurricane activity levels, which let’s face it includes the majority of the ILS and reinsurance markets. The chance of El Niño developing in the coming months appears to have dropped considerably, by one metric.

Tropical Storm Risk has increased its forecast for 2017 Atlantic Tropical Storm & Hurricane Season activity, joining others in predicting a more active year. Meanwhile Accuweather is warning of landfall risks for the United States coastline and early season storm potential.

The U.S. National Oceanic & Atmospheric Administration (NOAA) has released its forecast for the 2017 Atlantic tropical storm and hurricane season, saying that factors lead it to predict an above average level of activity for the season.

The Weather Company has revised its forecast for the 2017 Atlantic tropical storm and hurricane season, saying that the latest indications and data now suggest a year with activity levels a little above average.

The Peruvian government and the Ministry of Agriculture have chosen to expand the country’s El Seguro Agrario Catastrófico (SAC), or the Agricultural Catastrophe Insurance scheme, to include five more regions, with the launch of an international tender, according to reports.