tropical storm Dorian 2019

Hurricane Dorian is set to bring much of the United States southeastern coastline the potential for “life-threatening storm surge and dangerous winds” as it travels north, with the Carolinas now facing the potential for a landfall from the eye.

Hurricane Dorian has remained almost stationary over the Bahamas for the last 24 hours, causing significant damage to property and loss of life. Now slightly weakened at strong Category 2, with 110 mph sustained winds, the forecast continues to show a slow passage up the U.S. east coast, just offshore but still very close to […]

Hurricane Dorian may have severely damaged or completely destroyed as many as 13,000 homes in the Bahamas Islands, according to initial assessments from local authorities and the Red Cross.

The threat hurricane Dorian posed last week to the insurance-linked securities (ILS), catastrophe bond and collateralised reinsurance market was particularly significant, with scenario loss estimates having shown an event that could have caused further significant impacts to ILS funds and investments.

The catastrophe bond market only dipped by less than 1% on the threat of an approaching hurricane Dorian last week, data on the price return of the outstanding market shows.

Hurricane Dorian is still a very dangerous Category 5 hurricane and is now packing sustained wind speeds of 160 mph as it continues to batter the Bahamas.

Hurricane Dorian remains a monster storm this morning, with sustained winds of 160 mph and higher gusts. The Bahamas felt the full-force of Dorian as a strong Category 5 storm, resulting in significant damage for some islands, while the Florida coast is now at-risk of hurricane force winds, storm surge and torrential rains as Dorian […]

Hurricane Dorian continues towards the Bahamas with a dangerous situation unfolding, with the Florida coastline still in the storms sights depending on the timing of its turn to the north. A major Category 5 storm as of the latest update, Dorian packs “devastating” hurricane speed winds, according to the NHC and the threat to the […]

As hurricane Dorian continues to approach the Bahamas and Florida, still at Category 2 strength but with the forecast continuing to show a major hurricane landfall, share prices of listed insurance-linked securities (ILS) funds and reinsurance firms are being affected.

If hurricane Dorian makes landfall on the Florida coastline at Category 3 or Category 4 strength, it potentially puts tens of billions of dollars of residential property at risk of storm surge damage.