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The storm becomes the 30th tropical cyclone to form in this year's Atlantic hurricane season. -
The latest annual estimate was 4% higher than in 2019 and up 11% since 2018.
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Its present track would see Iota become the third tropical storm to land in Nicaragua this month.
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Could a back-to-basics approach see ILS firms shun Lloyd's advantages for lower-cost alternatives?
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A paper in the journal Nature argues that climate change is fuelling the problem.
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The storm caused flooding and storm surges along Florida’s Gulf Coast
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Purchasing the analytics firm will help Willis meet growing demand for climate change services.
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The storm struck a state park area around 135 miles north of Tampa.
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Over 10,000 structures have been destroyed in California alone, Aon said.
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The carrier expects its total losses to reach EUR700mn-EUR900mn, as Covid claims reports begin to flow to reinsurers.
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A hurricane watch is in effect for a 150-mile stretch on either side of Tampa.
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Several of the insurer's cat bonds have been heavily marked down in the secondary trading.
