Hurricane
-
Barbados and St Vincent are under hurricane watch from Gonzalo while Tropical Storm Hanna will bring heavy rain to parts of the Texas coast.
-
This week the team looks at the final throes of lawsuit activity connected to Irma claims and new entries into the A&H sector. -
Barbados is on a hurricane watch.
-
The storm breaks the record for the earliest seventh named storm of the season.
-
Over 200 nat cat events occurred in H1 2020, topping the 20-year average.
-
Assignment-of-benefit claims spiked in June from the prior month.
-
The losses were driven by severe weather events in Florida, Texas and Louisiana.
-
Damage to property and automobiles stretches across five states, the agency said.
-
Cat programmes have been completed this year, but a heavy hurricane season could shake up the market, the broker said.
-
The claims emanate from 14 weather events and amount to $12.8mn on an after-tax basis.
-
The research team increased its estimate for named storms in 2020 from 19 to 20.
-
The two-tranche deal will provide US storm and Canadian quake cover.
