tropical storm Zeta 2020

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Hurricane Zeta onshore loss up to $5bn, offshore up to $500m: RMS

Catastrophe risk modeller RMS has now weighed in with its estimate of insurance and reinsurance industry losses likely to come from recent hurricane Zeta's impacts to the United States and it's a little higher than other modeller estimates. RMS said that it expects hurricane Zeta's onshore insured losses will be between read the full article →

AIR sees Zeta onshore U.S. loss below $3.5bn, CoreLogic below $4bn

Catastrophe risk modeller AIR Worldwide estimates that hurricane Zeta's onshore wind and storm surge insured losses in the United States will be less than $3.5 billion, with the bottom-end of its range far lower at $1.5 billion. Meanwhile, CoreLogic has also released an estimate, saying that it expects hurricane Zeta's insurance read the full article →

Hurricane Zeta wind & surge insured losses estimated at $4.4bn by KCC

Hurricane Zeta's wind and storm surge impacts on Mexico and the United States are expected to cost the insurance and reinsurance market close to $4.4 billion, according to an early estimate from Karen Clark & Company. The catastrophe risk modeller is first out of the blocks with a post-landfall estimate of read the full article →

Hurricane Zeta impacts reach far inland, loss to “well surpass $1bn” – Aon

Impacts and in particular wind damage from hurricane Zeta have spread far inland across the United States, bringing back memories of Isaias earlier this year. Impact Forecasting, the catastrophe risk analytics and meteorology unit of insurance and reinsurance broker Aon, said that insured losses from the storm that made landfall late read the full article →

Hurricane Zeta may move aggregate cat bond prices: Plenum

The impacts and eventual insurance market losses from hurricane Zeta's landfall on the Louisiana Gulf Coast is not expected to result in any direct losses to catastrophe bonds, but may move the price on certain aggregate cat bonds, according to Plenum Investments. Zurich-headquartered catastrophe bond and insurance-linked securities (ILS) focused investment read the full article →

Hurricane Zeta’s Cat 2 landfall another attritional re/insurance event

Hurricane Zeta made landfall in Louisiana with 100 mph sustained winds yesterday evening, having intensified as it approached the Gulf Coast, against meteorologists earlier expectations. The hurricane, now the fifth major tropical storm to impact Louisiana in what has been a tiring year of weather for the state, had originally been read the full article →

Hurricane Zeta strengthens on approach to Louisiana landfall later today

Hurricane Zeta is forecast to make landfall in Louisiana later today, Wednesday, and the hurricane is strengthening as it tracks towards the northern Gulf Coast, with sustained winds now reaching 100 mph and a chance of the storm sustaining Category 2 status through until it makes landfall. Hurricane Zeta has benefited read the full article →

Hurricane Zeta forecast for northern Gulf Coast landfall on Wednesday

Zeta intensified into a hurricane prior to making landfall on Mexico's Yucatan peninsula and while it may emerge back into the Gulf of Mexico a little weaker, the forecast suggests hurricane Zeta will approach the Louisiana region of the northern Gulf Coast for a Wednesday landfall. Still hurricane Zeta according to read the full article →

Tropical storm Zeta to approach Gulf Coast at hurricane strength

The northern Gulf of Mexico coastline and in particular Louisiana is facing another strong tropical storm or perhaps even a hurricane threat this week, as Zeta, the 27th named storm of the 2020 Atlantic season takes aim. Tropical storm Zeta formed in the Caribbean over the weekend and is now expected read the full article →