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The storm destroyed housing in St Vincent and the Grenadines and Grenada. -
The storm is predicted to hit the Caymans tonight or early Thursday.
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Curtis Dickinson will help to oversee the strategy and vision of Hiscox Re & ILS.
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Recent modelling predicts a strong probability of direct landfall in Jamaica.
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Grenada and St Vincent were spared the full brunt of the storm.
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The standard is a ‘step forward’, but cross-company comparisons are difficult.
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The manager’s ILS allocation has grown by 16% since 31 October 2023.
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Hurricane conditions are expected in Jamaica on Wednesday, according to the NHC.
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Aggregated losses are likely to be around the long-term H1 average of $8.5bn.
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Cat bond spreads stabilised as maturities brought capital to deploy into the market, after an earlier spike.
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Grenada and St Vincent and the Grenadines are under the most threat from the storm.
