Hurricane

There is a 10 percent chance of the storm coming within 50 miles of Miami, according to the modelling agency.

The storm looks set to clip southern Georgia after making landfall in Florida on Monday.

Historical parallels including Jeanne have caused a huge range of economic losses.

A “hiccup” in the storm’s structure means it is now tracking more slowly towards Florida, according to the NHC.

The hurricane is forecast to approach Florida as a major storm on Sunday evening.

The National Hurricane Center previously placed Dorian as a Cat 1 or 2 event.

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.

Dorian is forecast to be near hurricane strength when it moves close to Puerto Rico and eastern Hispaniola on Wednesday night and Thursday.

The storm is predicted to become a hurricane in the next 48 hours as it approaches Puerto Rico and eastern Hispaniola.

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.

The reinsurer helped Fermat to write $100mn for the Florida state reinsurer’s 2019 cover.