hurricane Henri 2021

Share

Hurricane Henri insured loss seen close to $155m by KCC

Catastrophe risk modelling firm Karen Clark & Company (KCC) is the first to provide a modelled estimate of insurance and reinsurance market losses from hurricane Henri and it's much lower than many will have been expecting. KCC estimates that the insured loss from hurricane Henri will be close to $155 million, read the full article →

Henri not a big reinsurance event, less than a billion dollars: BMS

The fact hurricane Henri weakened over cooler waters as it approached the US northeast states and made landfall as a tropical storm has likely saved the reinsurance and ILS industry from more significant losses, with Henri's industry loss likely to fall below one billion dollars. Broking group BMS' Senior Meteorologist Andrew read the full article →

Henri’s weakened landfall suggests no ILS position impact: Twelve

In an update today, specialist catastrophe bond, insurance-linked securities (ILS) and reinsurance investment manager Twelve Capital said that, as hurricane Henri weakened prior to making landfall, it now doesn't expect any impact to positions in its ILS funds. Henri made landfall in Rhode Island as a tropical storm and as we read the full article →

Henri could contribute to aggregate cat bonds: Plenum

Despite having weakened to a tropical storm before landfall, Henri may still affect some aggregate catastrophe bonds, resulting either in some aggregate deductible erosion, or simply driving a price reaction in the secondary market, Plenum Investments has said. Specialist catastrophe bond and reinsurance-linked investment manager Plenum, said that its modelling showed read the full article →

Storm Henri weakened prior to landfall, heavy rainfall & flooding widespread

Hurricane Henri weakened back into a tropical storm before making landfall yesterday in Rhode Island, but 140,000 homes are reported without power across the northeast and flash flooding affected parts of New York, New Jersey and the Tri States, with more heavy rainfall from Henri forecast for today. Henri's weakening prior read the full article →

Hurricane Henri loss could be billions, but significant ILS fund impact unlikely: Twelve

Specialist catastrophe bond, insurance-linked securities (ILS) and reinsurance investment manager Twelve Capital has said that hurricane Henri, which is heading for the US northeast states, is not expected to cause a significant impact to its ILS funds. It's important to note that Twelve Capital's update comes from earlier today (Saturday), prior read the full article →

Hurricane Henri forecast for New York or New England landfall

Hurricane Henri is tracking to the north over the warm Gulf Stream waters and is forecast to to head towards the US northeast states of Massachusetts, Rhode Island, Connecticut and New York, with landfall in New York or New England expected on Sunday. Hurricane Henri's forecast cone and future has all read the full article →