Hurricane Ernesto is approaching Bermuda at Category 2 strength with sustained winds of 100 mph and the large size of the tropical cyclone means the island is forecast to experience very strong winds, a storm surge and inches of rain as the third hurricane of the 2024 Atlantic tropical storm season bears down on the […]
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Ernesto has now become the third hurricane of the 2024 Atlantic tropical storm season and is forecast to intensify to major Category 3 status, before weakening slightly and passing close to Bermuda as a Category 2 storm.
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Two tropical cyclones on opposite sides of the world will be watched closely by interests in the reinsurance and insurance-linked securities (ILS) market over the coming days, with tropical storm Ernesto seen as a potential hurricane threat to Bermuda and tropical storm Ampil in the Pacific seen as a potential typhoon threat to Tokyo, Japan.
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