All Hurricane season articles – Page 15
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Online onlyGlobal warning
A recent report says there is a “strong indication” that man-made climate change is responsible for increased hurricane activity
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Tropical storm heads towards Japan
Meteorological Agency warns that “Usagi” will increase in strength as it nears main islands
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UK insurers hit hard by 2007 weather
UK non-life insurers pay heavy price for weather losses, but credit ratings remain intact
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More hurricanes on the way
Study finds that global warming is causing more frequent hurricanes
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Online onlyHard times
KRW inflicted hefty damage on PXRE, setting in motion a spiral of decline, but news of a merger with Argonaut offers a new lease of life
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Online onlyToo early to pop the champagne corks
A new report highlights record results for Bermuda reinsurers in 2006, but stormy waters lie ahead
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A year of record results
Report shows 2006 was a record year for Bermuda reinsurers after low of 2005
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Industry Matters
A disaster waiting to happen?
Paul Nunn provides an overview of the 2007 hurricane season forecasts
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Cover StoryCorrelations of risk
Large catastrophes often reveal unexpected correlations and loss amplifications. Nick Thorpe examines whether these correlations of risk could catch out insurers, reinsurers and their investors
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Industry Matters
New kid on the block
Matt Huddleston explains how the Met Office has staked a claim to tropical storm forecasting
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Features
Stormy skies ahead
The industry enjoyed a benign hurricane season in 2006, but the same cannot be expected in 2007 warns Dr Steve Smith. Warmer sea temperatures and natural weather patterns are likely to cause an above average storm season this year.
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Japanese islands battered by typhoon
Typhoon Man-yi not expected to threaten mainland Japan though
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Farmers in unique $500m deal with Swiss Re
Farmers Insurance Group has entered into a $500m committed capital facility with Swiss Re to cover US cat losses
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Online onlyHurricanes more likely to make landfall
Hurricanes are likely to form in the Caribbean, increasing the likelihood of storms making landfall, warn climate specialists
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PCS: Record low catastrophes for Q2
US property/casualty insurers are expected to pay an estimated $2.175bn for second-quarter property losses
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AIR presents near-term hurricane methodology
Also reveals preliminary findings from hybrid physical-statistical storm track model
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TSR lowers hurricane activity forecast
Tropical Storm Risk continues to predict an active Atlantic storm season despite lowering its activity forecast
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Online onlyNat cat losses will be off the scale
A Japan earthquake could cost $1trn, warns Professor Bill McGuire
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Florida Commission rejects new RMS predictions
RMS warns Florida could be leaving insurers and their policyholders “more exposed than they believe”
