hurricane Eta 2020


Hurricane Eta US industry loss estimated around $550m by Aon

Insurance and reinsurance broker Aon has said that hurricane Eta has likely caused around $550 million of insurance market losses in the United States, but its economic toll in Central America was significantly higher. Hurricane Eta struck and caused extensive losses in Nicaragua in November, also impacting Honduras and Guatemala in read the full article →

Nicaragua gets parametric insurance payout for hurricane Iota from CCRIF

Having already received a $10.7 million payout under its parametric tropical cyclone policy after hurricane Eta from the CCRIF, Nicaragua has now also received a payout for a second Category 4 storm, hurricane Iota. The CCRIF SPC (formerly known as the Caribbean Catastrophe Risk Insurance Facility) provides a range of parametric read the full article →

Nicaragua to get $10.7m after hurricane Eta triggers parametric CCRIF policy

The Government of Nicaragua will receive a US $10.7 million payout after recent major hurricane Eta triggered its parametric tropical cyclone insurance policy with the CCRIF. The CCRIF SPC (formerly known as the Caribbean Catastrophe Risk Insurance Facility) provides a range of parametric catastrophe insurance products to the Caribbean and Central read the full article →

Tropical storm Eta’s soaking to continue in second Florida landfall

Tropical storm Eta is turning north and heading for the Gulf Coast of Florida, where the storm is expected to deliver a second soaking blow to the state, having caused flash flooding further south in its initial path. Tropical storm Eta's journey around the Caribbean, Florida straits and Gulf of Mexico read the full article →

Florida under hurricane warning with storm Eta forecast to strengthen

Parts of Florida are now under a hurricane warning as tropical storm Eta continues its approach and is expected to strengthen as it makes a path for a forecast hurricane-force landfall in the Florida Keys, with the potential for a second impact for the state later this coming week as read the full article →

Florida firmly in the cone for a strengthening resurgence of hurricane Eta

The state of Florida is firmly in the cone of uncertainty for the soon to develop tropical system that emerges out of the remnants of recent hurricane Eta, as longer-range forecasts we discussed earlier this week now have an increasing chance of verifying. Having slammed Nicaragua with a devastating blow at read the full article →

Hurricane Eta to hit Nicaragua. Some forecasts suggest potential U.S. threat

Hurricane Eta is forecast to make landfall in Nicaragua, Central America early on Tuesday local time, with significant and catastrophic impacts likely. Further ahead, some of the weather models show hurricane Eta moving back into the Caribbean next week with a chance of the storm becoming a U.S. threat as read the full article →