All Hurricane season articles – Page 7
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Dolly could go to hurricane
Probability for CAT 1 or above "35% in about 33 hours" - TSR red alert. Hurricane warnings in Texas and Mexico.
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Dolly to strike Mexico, likely to strike U.S.
Tropical Storm with 85kmph winds nears Cancun, could become a hurricane by Tuesday.
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Tropical Storm Cristobal causes heavy rain in North Carolina
Meanwhile, Tropical Storm Dolly could intensify. Bertha to strike Iceland.
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Kalmaegi to strike China
80% likelihood that tropical storm will have second landfall, after causing flooding and mudslides in Taiwan
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Kalmaegi claims fatalities in Taiwan
Downgraded from a typhoon to a tropical storm, but causing flooding and mudslides
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Features
Pooling together
With the rising cost of natural catastrophes around the world, public private solutions could provide a model for the future. Dr Simon Young explains how the Caribbean Catastrophe Risk Insurance Facility has set a precedent.
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Industry Matters
When storms turn political
With the prospect of high hurricane activity and pressure to keep rates low, reinsurers face a growing need to mitigate their risks, as Bob Ward explains.
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GR Focus
Modelling for investors
As the market for insurance-linked securities takes off, catastrophe modelling agencies are striving to make their products simpler for investors to understand and easier for issuers to apply. David Banks reports.
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GR Focus
Modelling future climate
The fourth assessment report from the UNEP Intergovernmental Panel on Climate Change (IPCC) goes some way to predicting the impact of climate change on weather patterns.
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Cover Story
Paying for catastrophes
Catastrophe losses are getting more and more expensive. Population growth and increasing wealth compound exposures while a changing climate causes more frequent and severe events. Ronald Gift Mullins asks, “Who should pick up the tab?”
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Florida insurance commissioner meets Lloyd’s chairman
Kevin McCarty joins state governor Charlie Crist as part of London trade mission
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Bertha heads away from Bermuda
Island suffers 63mph winds, but damage "should be minimal" - AIR
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RMS: Elida is second East Pacific hurricane of 2008
Hurricane Elida, near Mexico, is expected to move north-west away from land
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Analysis
Bertha revives
First hurricane of the season re-intensifies. "Could reach category 3" - RMS
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New futures contracts as wind season starts
CCFE to List IFEX Florida and US Gulf Coast Tropical Wind Event Linked Futures
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UPDATE: Bertha regains strength
Back to a ‘weak’ Category 2 hurricane with 105mph winds - Eqecat
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FOR YOUR DIARY: Storm Force, 17 July
Seminar on windstorm risk to be held in London next week
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Global nat cat losses total $13bn in 2008
Munich Re summarises "substantial and above average" impact of the first six months of the year