Swiss Re Insurance-Linked Fund Management

Xactanalysis Insights and PCS

hurricane irene

Share

Hurricane Irene, update prior to landfall

27th August 2011

Update: Irene made landfall around 7.30am ET about 60 miles south west of Cape Hatteras with maximum sustained winds of 85mph.The centre of Irene will move across eastern North Carolina today and over southern New England tomorrow, Sunday. Irene is forecast to remain a hurricane as it moves near or over the mid-Atlantic states and […]

Read the full article

S&P keeping watch on hurricane Irene exposed catastrophe bonds

27th August 2011

Ratings agency Standard & Poor’s has issued a press release to say that they are keeping an eye on the progress of hurricane Irene as she approaches the U.S. coastline in case the storm has any impact on any catastrophe bonds that they provide ratings for. A number of catastrophe bonds have potential exposure to […]

Read the full article

Hurricane Irene batters Bahamas, takes aim at U.S. coast

26th August 2011

Hurricane Irene has now left the Bahamas islands behind after striking them with devastating winds and storm surges. The main capital of Nassau escaped the brunt of the storm but other, less inhabited islands such as Abaco, took a near direct hit and will be counting the cost this morning. Historic hurricanes have caused as […]

Read the full article

Hurricane Irene a potential threat to many catastrophe bonds

24th August 2011

Hurricane Irene has now intensified into a major Category 3 hurricane with maximum sustained winds of 115mph. The storm is forecast to intensify further as she makes her way through the Bahamas before heading for the U.S. coastline. Where exactly she will hit the U.S. coast, or if she even will, is still uncertain with […]

Read the full article

Intensity and direction of hurricane Irene increasingly uncertain

24th August 2011

Weather conditions are making it increasingly difficult to forecast how powerful hurricane Irene will get and the direction she will head in towards the U.S. coastline. The forecast path of hurricane Irene predicted by the models has shifted slightly further east, showing a landfall late Saturday afternoon somewhere between Wilmington and Cape Hatteras, North Carolina […]

Read the full article

Tropical storm Irene approaching hurricane strength

22nd August 2011

Update: Irene has now reached hurricane strength with 75mph+ sustained winds. The 9th named tropical storm of the 2011 Atlantic hurricane season, Irene, looks like it has the potential to be the most impactful of the season so far. Currently Irene is close to making landfall on Puerto Rico in the Caribbean with maximum sustained […]

Read the full article