tropical storm Nicholas 2021

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Hurricane Nicholas insured loss estimated up to $2.2bn by RMS

Catastrophe risk modeller RMS has come out with a high estimate of insurance and potential reinsurance losses for recent hurricane Nicholas, pegging the range of industry loss as from $1.1 billion to as high as $2.2 billion. It's significantly higher than other estimates, such as Karen Clark & Company's around $950 read the full article →

Hurricane Nicholas insured loss around $950m: KCC

The insurance and reinsurance market loss from recent hurricane Nicholas is estimated to be around US $950 million, according to modelling analysis undertaken by catastrophe risk specialist Karen Clark & Company. Karen Clark & Company (KCC) is again very quick to produce an industry loss estimate for hurricane Nicholas, a storm read the full article →

Hurricane Nicholas insured loss may be close to $700m: BMS

In an update on hurricane Nicholas, the latest Gulf of Mexico tropical storm that intensified right up to making landfall and struck Texas yesterday, BMS Senior Meteorologist Andrew Siffert explained that Nicholas could cause an insured loss similar to 2019's tropical storm Imelda, at around $700 million. Hurricane Nicholas made landfall read the full article →

Hurricane Nicholas makes landfall in Texas, threatens widespread flooding

The fourteenth named storm of the 2021 Atlantic hurricane season, tropical storm Nicholas, continued to intensify off the Texas coast and eventually made landfall in the last few hours having strengthened into a Category 1 hurricane Nicholas, becoming the sixth hurricane of the season. As we explained yesterday, Nicholas gained some read the full article →

Tropical storm Nicholas strengthening as it approaches Texas landfall

Tropical storm Nicholas formed yesterday, becoming the 14th named storm of the 2021 Atlantic hurricane season so far, and is now heading for a landfall today in Texas later today while strengthening as it goes. In recent hours tropical storm Nicholas has gained structure and its eye has begun to reform, read the full article →