tropical storm isaac

It appears that Credit Suisse were being extremely cautious when they issued a notice regarding the potential impact of hurricane Isaac on their CS Iris Low Volatility Plus insurance-linked security fund and as a result on the Dexion Capital managed DCG Iris ILS fund, which acts as a feeder for and invests its assets in […]

Risk modeller AIR Worldwide has issued an updated estimate for the amount of insured losses they expect from hurricane Isaac. In line with most other estimates, AIR Worldwide say they believe that insured losses from Hurricane Isaac to onshore properties in the U.S. will be between $700 million and $2 billion. The estimate includes wind […]

Investment manager Credit Suisse have said that they expect an impact to one of their insurance-linked security and catastrophe bond funds from the industry losses caused by hurricane Isaac. An event update on Isaac was published today by another investment firm, Dexion Capital, who manage the recently launched DCG Iris ILS fund, which acts as […]

Isaac has now been downgraded to a tropical storm once again, with maximum sustained winds of 50mph the storm is continuing to slowly move inland bringing heavy rainfall to many areas. The threat of storm surge is now diminishing and Isaac’s winds are dropping to levels where any damage is unlikely. Isaac has caused extensive […]

Another insurance-linked investments manager has issued a statement regarding hurricane Isaac and any potential impacts from the storm on their portfolio of catastrophe bonds and other insurance-linked assets. ILS investment manager LGT Insurance-Linked Strategies are confident at this time that there will be no material impact to any of the cat bonds or financial insurance […]

Isaac became a hurricane as forecast on Tuesday and slowed in its approach towards the Louisiana coastline. Hurricane Isaac came ashore for a brief time  on Tuesday evening in the southeast of the state in Plaquemines Parish, around 90 miles southeast of New Orleans, before heading back over the Gulf of Mexico and moving slowly […]

Our latest article on Hurricane Isaac can be found here. Tropical storm Isaac is approaching the key oil and gas producing region of the Gulf of Mexico as it continues to make its way towards the Louisiana coastline. Currently carrying maximum sustained winds of 70mph, Isaac remains a tropical storm, having been slower to intensify […]

Our latest update on Isaac can be found here.. Tropical storm Isaac continues to make its way through the Caribbean and is currently bearing down on Haiti. Having taken a little longer than originally expected to increase in strength, Isaac has now intensified and has maximum sustained winds of 60mph. Further strengthening is forecast before […]

The ninth named Atlantic tropical storm of the 2012 Atlantic Hurricane Season formed yesterday as tropical depression 9 became tropical storm Isaac. Tropical storm Isaac is currently headed straight towards the Caribbean Leeward and Windward islands, after which Isaac is forecast to head straight through the Caribbean making a course for the southern tip of […]