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Category 3 Milton makes landfall near Siesta Key

The hurricane has destroyed hundreds of homes and left more than 2.7 million homes without power in Florida.

Abbie Day, 10 October 2024
Milton weakens to Category 3 as track ticks north nearer Tampa Bay: NHC

Milton’s center is projected to make landfall near or just south of Tampa Bay.

Shelby Rosenberg, 09 October 2024
Cat bonds trading at ‘significantly wider spreads’ on secondary market

Integrity Re 2024-D and Lightning Re 2023-1A are two bonds that were marked down, although no trading has occurred.

Jai Singh, 09 October 2024
Hurricane Milton now a Category 4 storm: NHC

The NHC storm track predicts landfall below Sarasota, south of Tampa Bay.

Hal Stucker, 09 October 2024
Milton wind damage could entail ‘moderate losses’ for Plenum funds

Hurricane Milton’s overall impact, based on the current pre-landfall scenario, could lead to “moderate losses” for Plenum’s funds.

Ayesha Venkataraman, 09 October 2024
The shape of ILS Milton losses: Factors to watch

Collateralised reinsurance and retro are in the firing line.

Fiona Robertson, 09 October 2024
NFIP on watch as Milton approaches

The government-backed scheme has greater take-up in areas in Milton’s path.

Ben Wylie, 09 October 2024
Milton insured losses at least $25bn in best-case scenario: BMS’ Siffert

Restrengthening to Category 5 is still possible, Siffert warns.

Rachel Dalton, 09 October 2024
Verisk pegs Helene at $6bn-$11bn in latest loss estimate

Earlier this week, Moody’s RMS Event Response estimated the event would cost $8bn-$14bn.

Samuel Casey, 09 October 2024
Southern shift of Milton puts Sarasota in track of storm

Prior forecasts indicated a more northward track towards Tampa Bay and St Petersburg.

Samuel Casey, 09 October 2024

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