Hurricane
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Alberto, the first named storm of 2018, made landfall near Panama City, Florida on Sunday. -
Subtropical Storm Alberto made landfall near Laguna Beach on the Florida Panhandle yesterday afternoon.
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The centre’s forecasters have predicted a 35 percent chance of an above-normal season and a 40 percent chance of a near-normal season.
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The Texan state-backed insurer expanded its new cat bond as premiums fell below forecasts.
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Early-range forecasts for an above-average season may be reduced.
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The Texas Windstorm Insurance Association has raised the target size of its latest issuance.
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The Florida carrier launches its two-tranche 2018-1 to cover named storms.
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The European reinsurer's new cat bond includes European windstorm risk for the first time.
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The Texan insurer of last resort has increased its Hurricane Harvey loss estimate by 11 percent since January, as it moves to secure more reinsurance.
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The Texas Windstorm Insurance Association is offering an initial spread guidance of 350-400 basis points for the single-tranche class A notes.
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Floridian insurer Heritage now expects to claim $151mn from its Citrus Re cat bonds as its Irma losses escalate, sources told Trading Risk.
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Ever heard the underwriting joke about how to spot the actuary driving a car?
