hurricane Sally 2020

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Hurricane Sally intensifies to Cat 2, 105mph winds on approach to landfall

Hurricane Sally made a last attempt to strengthen as it wobbled slowly towards the north Gulf Coast and has now intensified into a Category 2 storm, with sustained winds reaching 105 mph and higher gusts being reported. It changes the outlook a little for the insurance, reinsurance and insurance-linked securities (ILS) read the full article →

Hurricane Sally to bring “historic flooding” to Gulf Coast region

While hurricane Sally's wind speeds have remained relatively static throughout today as a Category 1 hurricane, the expectations for rainfall from the storm have increased, with the NHC warning of a "historic flooding" event for the northern Gulf Coast region. Update, September 16th, 07:30 BST: Hurricane Sally intensified to category 2 read the full article →

Tremor to run live cat auctions for every hurricane, including today for Sally

Tremor Technologies, the insurtech company that offers a technology-based programmatic insurance and reinsurance risk transfer marketplace, is set to make its marketplace available for every major hurricane threat, with live cat auctions set to be run by the insurtech, including today for hurricane Sally. Hurricane Sally is heading for a northern read the full article →

Sally rapidly strengthens into a hurricane as it heads for Gulf Coast landfall

Hurricane Sally has now formed in the Gulf of Mexico and as some forecasts had suggested is now showing the potential for further rapid intensification, with at minimum a Category 1 or 2 hurricane landfall now anticipated on the central Gulf Coast, not far from New Orleans. This article was last read the full article →