CAT 1 hurricane wind speeds of 41 m/s reported. Threatens Mozambique also.
Chinese slowdown, asset prices, governance gaps and climate change are key risks ahead
Damage to roads, houses and hotels. Insured losses expected to be minimal.
Lloyd's insurer ups Hurricane Ike loss estimate from £15m to £42m, and ceases to write GOM offshore energy wind.
New information from clients reflects larger losses than initial estimates.
Insured losses expected minimal due to low insurance take-up in region
Guy Carpenter says cat losses and credit crisis pushed rates up; market remains highly volatile
Weather watchers say they have already predicted the intensity of this year’s Atlantic hurricane season.
Ten-year average of insured costs rose by 7%, says Guy Carpenter
Did 2008’s hurricanes meet expectations? Professor Mark Saunders of TSR reviews a stormy year.
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