Onshore property losses covered by insurance after recent hurricane Grace are expected to reach around US $330 million, according to catastrophe risk modeller Karen Clark & Company (KCC).
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Hurricane Henri is tracking to the north over the warm Gulf Stream waters and is forecast to to head towards the US northeast states of Massachusetts, Rhode Island, Connecticut and New York, with landfall in New York or New England expected on Sunday.
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Hurricane Grace is soon to make landfall on Mexico’s Yucatan Peninsula, with sustained winds of 80 mph and gusts closer to 100 mph and a dangerous storm surge expected.
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Tropical storm Fred is now set for a landfall late on Monday in the Florida Panhandle or Big Bend area, moving slowly towards the coast with winds currently at 60 mph and a little more strengthening still forecast before landfall.
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Tropical storm Fred warnings have been raised for Florida, as the currently still tropical depression status Fred approaches and is expected to strengthen. After Fred, another disturbance in the Atlantic is likely to be named tropical storm Grace in the next day, which could also threaten Florida next week.
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