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This is just my third hurricane season in the industry, so perhaps you'll understand why I'd started writing 2012 off as another non-event for catastrophe losses in mid-October.
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The old saying "no news is good news" occurred to me when I was talking to one of the panellists who'll be speaking at our New York Rendez-Vous this month, as he confessed that he wasn't quite sure what he was going to find to talk about.
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I've only been to the Monte Carlo Rendez-Vous twice, but already the words Monte Carlo and madness have been firmly linked in my mind when it comes to this time in the reinsurance season.
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It was lovely to catch up with so many of our readers at the Trading Risk awards just a few weeks ago - I hope you all enjoyed yourselves as much as I did
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Where did the past six months go? Hurricane season is already upon us, it's the Trading Risk awards next week and Monte Carlo bookings are starting to go in the diary.
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So many cat bond deals upsize these days that you start to wonder if cat bond distributors are pursuing some kind of McDonald's marketing strategy to make the deal look successful in print.
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There was a fun little video introduction at the recent Securities Industry and Financial Markets Association ILS conference that involved asking passersby on Wall Street what they thought of the world of cat modelling and cat bonds
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I have spent far more time tussling with spreadsheets and charts in the run-up to this issue than was good for the longevity of my keyboard (it's taken a bit of a bashing).
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You'll notice that this issue of Trading Risk has a new look, thanks to the great work of our designer Paul.
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Each month as we send Trading Risk out into the convergence world, I'll spend a few moments wondering what all our readers will make of the new edition - and then the post-deadline surge of relief will take over
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Are we in danger of creating an exclusive club for the cat bond fraternity, where $100mn is the new threshold for entry to the room?
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It is with some trepidation that I write this letter in early October, with the US wind season still in train.