hurricane Florence 2018

Weakening hurricane Florence is now pounding the North and South Carolina coast, with the storms slow approach resulting in dangerous storm surge and flooding impacts, as torrential rains, river floods and storm surges of 10 feet are being reported.

Trading in the secondary market for catastrophe bonds has been light as hurricane Florence approached, but a handful of names did change hands while the forecast was still for a major hurricane wind impact in North Carolina.

The valuations of investments in some of the listed and mutual ILS funds have been fluctuating as hurricane Florence approaches the United States, but the latest forecast now suggests the threat has lessened somewhat.

While it’s still too early to estimate insurance and reinsurance industry losses from hurricane Florence, some insurance-linked securities (ILS) funds have been providing investors with an idea of their potential portfolio exposure, based on scenario loss totals.

Read our latest article on hurricane Florence here. Hurricane Florence continued to approach the North Carolina coast, but the latest forecast suggests a wobble to the south which could extend the coastal impacts from the storm. Life-threatening impacts are possible, but it remains very difficult to predict this hurricane and the impacts from water as […]

As Hurricane Florence bears down on the US East Coast as a category 4 storm, Luca Albertini, CEO and founding partner of Leadenhall Capital Partners warned that regardless of whether it is a market-changing loss, it could trap collateral in retro programmes.

Find our latest of Florence here. Hurricane Florence is now forecast to make a direct hit on the United States east coast in the Carolina’s late Thursday night into Friday, with the forecast path now taking a dangerous hurricane Florence ashore as a category 3 or 4 storm, with significant impacts possible.

Our latest on Florence can be found here. Hurricane Florence forecasts are increasingly pointing towards the possibility of a landfall somewhere on the U.S. east coast, with model spread now indicating anywhere the Carolina’s as the likely landfall spot, while intensity guidance still shows Florence regaining major hurricane status.