-
The storm is expected to make landfall in Florida’s Big Bend coast on Thursday evening. -
Helene is currently a Category 1, but rapid strengthening is anticipated over the next day.
-
The ILS manager expects “minimal, if any, losses” to bonds in its funds.
-
In the best-case scenario, a Big Bend-landing storm could cost $3bn-$5bn, Howden Re said.
-
A hurricane warning is in effect from the Anclote River to Mexico Beach, Florida.
-
A storm surge warning is in effect from Flamingo to Indian Pass.
-
The storm could become a major hurricane by Thursday.
-
July and August floods and fires caused the bulk of the insured loss burden.
-
-
The system is forming in the same area as 2022’s Hurricane Ian.
-
The ETF format provides for publication of a daily NAV.
-
Fifteen events caused estimated losses of $306mn.
