tropical storm Harvey 2017

Hurricane Harvey made landfall around 03:00 UTC having intensified further as it approached the Texas coastline to a Category 4 storm with 130 mph sustained winds and a minimum central pressure of 938mb, according to NOAA data.

Here’s a quick look at just how much of the near $30 billion of outstanding catastrophe bonds could be exposed to a major Texas hurricane, be that hurricane Harvey that is rapidly approaching Category 3 on approach to the state, or any other major storm.

As hurricane Harvey continues to bear down on the Texas coastline, currently packing 110 mph winds as a strong Category 2, almost Category 3 storm, analysts at J.P. Morgan have taken a look at the exposure in the region and estimated that as much as 50% of an insurance industry loss could end up covered […]

Hurricane Harvey continues to intensify over the warm waters of the Gulf of Mexico on its way to Texas by the weekend. Now Category 3, with sustained winds of 125 mph as at a 21:00 UTC 25th August update, hurricane Harvey poses a grave threat to the region, from storm surge, wind, rainfall and expected […]

Harvey, still a tropical storm although not for much longer, is now forecast to become hurricane Harvey in the coming hours and to reach Category 3 major hurricane strength by the time it makes landfall on the middle Texas coast of the Gulf of Mexico.

Tropical storm Harvey has reformed in the Gulf of Mexico as a depression and is now expected to intensify on its track towards the Texas coastline, potentially reaching hurricane strength by landfall and with forecasts suggesting torrential rainfall will strike the region.