Typhoon Parma retreats after two days of heavy rains. 22 dead
Comes after $108m Typhoon Ketsana and heavy flooding
Munich Re, Swiss Re, PartnerRe and Guy Carpenter among shareholders in PERILS
AIR Worldwide: Category 3 hurricane threatens oil fields west of New Orleans
CAT 3 hurricane on track for New Orleans. Dangerous storm surge of 10 to 14 feet above normal predicted.
Damage to offshore platforms could reach $7bn in insured loss say RMS
Hurricane on track for Gulf of Mexico. Currently CAT 1, could strengthen to CAT 3.
Wind speeds down. Rain accumulations of 3 to 5 inches in Texas. 10 inches in places.
Cat modelling agency expects onshore losses from Tropical Storm Edouard to be less than $100m. Offshore, newer platforms OK. Strength increasing to hurricane force.
Edouard expected to strengthen to hurricane strength before striking upper Texas coast
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