Hurricane
-
Both groups continue to call for a highly active season, however. -
Several bonds suffered declines in value from February to July.
-
Subsidiaries Core and Typtap have applied to participate in the November Citizens policies assumption.
-
The storm brought a lot of rain, but the Floridian doesn’t provide flood insurance.
-
The loss is based on modelled outputs, as opposed to an initial loss estimate.
-
The board of directors has voted for a 10% rate hike.
-
Its forecast for intense hurricanes is unchanged at six.
-
The NHC has said there is potential for “historic heavy rainfall” across southeast Georgia and South Carolina.
-
The ‘life threatening’ hurricane has potential for “historic heavy rainfall” in the southeastern United States.
-
The carrier purchased an additional $150mn of cover.
-
The modeller said 3 million homes were without power at its peak.
-
The figure is well above the historical average of $39bn for this century.
