Category: Formation
Catastrophe Bonds: 2011 Review – Activity, Risk Capital Outstanding: 2011 was a year of significant activity for catastrophe risk investors and sponsors. As of December 9, 2011, the total 144A…
Continue reading…
GCCapitalIdeas.com
for Wednesday, 14 December 2011 [5:45 PM PhT] Typhoon2000 (T2K) NEWS (Wednesday Dec 14 2011): Currently issuing 6-hrly web, email, & iTyphoon app updates (except 12:00 Midnight) on 27W (Pre-SENDONG). 27W (Pre-SENDONG) MAX WIND SPEED PER AGENCY: + USA (JTWC/1-min avg): 65 km/
Bushman’s Typhoon Blog
Market Dynamics
Though primary issuance is likely to be down relative to 2010, 2011 stands as one of the most active, innovative and robust years in the convergence market’s history….
Continue reading…
GCCapitalIdeas.com
The challenging macroeconomic environment of subdued growth and low interest rates meant the reinsurance sector ended 2011 trading near 20-year lows. As Figure 1 illustrates, the average price to…
Continue reading…
GCCapitalIdeas.com
for Thursday, 15 December 2011 [5:35 AM PhT] Typhoon2000 (T2K) NEWS (Wednesday Dec 14 2011): Currently issuing 6-hrly web, email, & iTyphoon app updates (except 12:00 Midnight) on 27W (Pre-SENDONG). 27W (Pre-SENDONG) MAX WIND SPEED PER AGENCY: + USA (JTWC/1-min avg): 65 km/
Bushman’s Typhoon Blog
Inflation/Deflation Expectations
Expansionary monetary policy has fueled concerns that inflation could increase in the medium term, but the picture is less clear in the near term. While consumer…
Continue reading…
GCCapitalIdeas.com
2012 Macroeconomic Themes
As we bid farewell to a tumultuous 2011 and enter 2012, it is becoming very clear that the (re)insurance sector will remain exposed to profound changes in the global…
Continue reading…
GCCapitalIdeas.com
Reinsurance Purchasing
Reinsurance continues to play an important role for program issuing carriers. Sixty-six percent of respondents to the survey this year indicated the use of both direct…
Continue reading…
GCCapitalIdeas.com
Event Summary
Severe weather hit Midwest regions of the United States on February 28 and 29, spawning several tornados that killed at least 12 people and caused widespread property damage, according…
Continue reading…
GCCapitalIdeas.com
ORLANDO –
Most of the Atlantic Basin remains quiet, with the exception of Tropical Storm Maria.
The storm is still anticipated to turn northward in the next day or so, keeping it well off the Florida coastline.
A long-period swell from Maria will keep elevated rip current threats at Central Florida’s beaches for the rest of the workweek.
———————————————
TROPICAL STORM MARIA ADVISORY
8 p.m. update – Maria continues moving northward.
Watches and warnings
A tropical storm warning is in effect for:
- Bermuda
A tropical storm warning means that tropical storm conditions are possible within the warning area, generally within 36 hours.
48-hour outlook
At 8 p.m., the center of Tropical Storm Maria was located near latitude 23.1 north, longitude 68.0 west.
Maria is moving toward the north near 8 mph, and this general
motion is expected to continue for the next 24 to 36 hours with an
increase in forward speed. A turn toward the north-northeast is expected
on Thursday with a further increase in forward speed. On the forecast
track, the center of Maria will pass west of Bermuda on Thursday.
Maximum sustained winds are near 50 mph with higher gusts. Some strengthening is forecast during the next 48 hours.
Tropical storm force winds extend outward up to 175 miles, mainly to the east of the center.
Estimated minimum central pressure is 1006 mb or 29.71 inches.
Hazards affecting land
RAINFALL: Although rains over Puerto Rico
have diminished. Maria has likely produced rainfall totals of 4 to 8
inches over Puerto Rico, with isolated maximum amounts of 12 to 15
inches. These rains could still cause life-threatening flash floods and
mudslides over areas of steep terrain. Rainfall amounts of 1 to 3 inches
can be expected across Bermuda through Thursday morning.
WIND: Tropical storm conditions are expected on Bermuda by Wednesday night or early Thursday.
