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Bermuda escapes the worst of hurricane Igor, Mexico loss from Karl also lower than expected

So far, the 2010 Atlantic hurricane season has been kind to insurers and reinsurers. On each occasion that a large loss has been expected the winds have died or the storm track has changed enough to prevent that large loss happening. Despite this being one of the most active seasons read the full article →

Hurricane Karl to hit Mexico as powerful storm

Hurricane Karl is destined to make a second landfall on the Mexican coastline late on Friday. Currently a strong Category 2 hurricane with sustained winds of 105mph, Karl is expected to strengthen before making landfall and could hit the coast as a Category 3 storm. Update: the forecast read the full article →