The National Oceanic and Atmospheric Administration (NOAA) in the United States is now forecasting 14-19 named storms, five to nine hurricanes and two to five major (Category 3+) hurricanes between June and November for the Atlantic Basin. The agency’s August…
Catastrophe bond issuance during the second quarter of 2017 totalled US$6.38 billion across 20 transactions, a new record for quarterly issuance that easily surpassed the previous record of US$4.49 billion set in Q2 2014, Aon Securities said in a new…
Non-life insurance-linked securities (ILS) issuance reached a record breaking US$6.3 billion in Q2 2017, continuing the trend from the first quarter of the year, Willis Towers Watson Securities’ said in its latest ILS Market Update, released on Friday. ILS assets…
Just days after the National Oceanic and Atmospheric Administration’s Climate Prediction Center suggested an above-normal hurricane season this year, Aon Benfield has issued its May forecast for the 2017 Atlantic season. Professor Mark Saunders and Dr. Adam Lea of Tropical…
The Atlantic could see another above-normal hurricane season this year, the National Oceanic and Atmospheric Administration’s (NOAA) Climate Prediction Center predicted on Thursday. For the upcoming Atlantic hurricane season, which runs from June 1 through Nov. 30, forecasters predict a…
Aon Benfield’s Tropical Storm Risk (TSR) and a research scientist at the Colorado State University (CSU) have both predicted 11 named storms, four hurricanes and two major (Category 3+) hurricanes between the months of June and November. TSR, part of…
The first above-normal Atlantic hurricane season since 2012 has produced five landfalling storms in the United States, the National Oceanic and Atmospheric Administration (NOAA) said on Wednesday. The Atlantic, eastern Pacific and central Pacific 2016 hurricane seasons ended on Nov.…
The National Oceanic and Atmospheric Administration (NOAA) is now calling for a “higher likelihood of a near-normal or above-normal” Atlantic hurricane season, one that is still expected to be the most active since 2012. In its updated 2016 Atlantic Hurricane…
Tropical Storm Risk (TSR) – part of Aon Benfield Research’s academic and industry collaboration – has issued its updated August forecast for the 2016 Atlantic hurricane season, forecasting 15 named storms between June and November. TSR’s Professor Mark Saunders and…
Following a record breaking first quarter issuance of US$2.22 billion, catastrophe bond issuance for the second quarter of 2016 stood at US$800 across five transactions – a relatively low figure during a historically active quarter, Aon Securities said on Thursday.…
Tropical Storm Risk (TSR), part of Aon Benfield Research’s academic and industry collaboration, is forecasting 12 named storms, six hurricanes and two major (Category 3+) hurricanes between the months of June and November. The April forecast for the Atlantic Hurricane…