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Triple dip La Niña threatens more global weather uncertainty

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. Dr Andrew Watkins, BOM's ead of long-range forecasts, said the three-month climate outlook shows a high read the full article →

NW Pacific typhoon season forecast 20% below-norm on La Niña

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. Tropical Storm Risks (TSR), read the full article →

La Niña conditions declared for the Pacific

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. La Niña conditions have yet to be declared by the World Meteorological Organization (WMO), read the full article →

Hurricane season now forecast above average, El Niño turns neutral

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. The Climate Prediction Center read the full article →

Immediate likelihood of El Niño developing has passed: Australia’s BOM

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. El Niño is understood read the full article →

TSR ups hurricane activity forecast, Accuweather warns on landfall potential

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. Earlier this year, Tropical Storm Risk (TSR), the climatological research read the full article →

NOAA gives 45% chance of above average hurricane season in 2017

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. NOAA is the second forecaster to opt for an above average forecast for this read the full article →

2017 hurricane season forecast upped to above average by Weather Co.

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 Weather Company now forecasts that the 2017 season will see a slightly above average 14 named read the full article →

Peru to expand El Niño agricultural catastrophe insurance cover

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. Reports in peruthisweek.com underline the recent impact of El Niño on read the full article →

NOAA forecasts more hurricanes in 2016 season, raises prediction

The U.S. NOAA continues to push for a more active 2016 Atlantic Tropical Storm and Hurricane Season, increasing its forecast in an update yesterday and saying that the ending of El Niño, possible onset of La Niña, weaker vertical wind shear and trade winds, all suggest the most active season read the full article →