-
The agency projects four major hurricanes and anticipates overall activity around a third higher than long-term norms. -
Andrew Siffert said the weakness of the Fujita method for rating hurricane speeds was that it was partly based on damage caused.
-
This week the administration pledged extra money for a programme supporting catastrophe-resilient infrastructure.
-
The official US forecaster said it did not expect activity to reach last year’s historic peaks.
-
The monthly tally came in 14% lower than the $632mn reported a year ago.
-
Severe and winter weather losses in the US hit $21.4bn during January-April, equity research analysts estimate.
-
The region braces for a potential Category 1 landfall.
-
The company also procured approximately $180mn of incremental limit for earthquakes.
-
The deal will be fronted by Hannover Re but will provide coverage to the state backed carrier.
-
Most damage to private and commercial property was covered, but agriculture losses were uninsured.
-
The yardstick will allow insurers and financial institutions to assess companies’ transition plans against the 2015 Paris Agreement.
-
The initial loss figure was A$1.23bn, with a second report putting the loss at around A$1.3bn.
