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Tropical Storm Dorian is due to hit Puerto Rico later today. -
The threat to the Bahamas and east coast of Florida has increased, according to the NHC.
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Streets in Madrid were flooded yesterday as the Spanish capital was subject to hail and torrential rain.
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The reinsurance and ILS markets have spent two years talking about losses, but perhaps more focus on the good years would help reduce some of the noise in the bad years.
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The agency maintained its prediction of eight hurricanes but increased the number making landfall in the US to two and in Florida to one.
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CAC Specialty aims to bring structured finance solutions with insurance broking capabilities.
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The fund now has £159.4mn allocated to ILS through Leadenhall Capital Partners.
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Impact Forecasting said the rare tornado damaged more than 300 properties.
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Natural catastrophe losses were around $15bn, with man-made disasters coming in $4bn.
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The typhoon was the strongest storm to hit the Chinese province of Zhejiang since 2015.
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The Oregon Public Employees fund held $119.3mn in two Nephila funds at year end 2018.
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The storm is expected to make landfall in southern Japan in 48 hours before veering north-west away from populated areas.
