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31 May 2024Insurance

Re/insurers brace for above normal 2024 Atlantic hurricane season

Re/insurers are bracing for a busy and potentially costly Atlantic hurricane season, with a combination of record sea surface temperatures and the development of La Niña conditions in the Pacific expected to bring up to 25 named storms this summer.

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More on this story

Insurance
24 May 2024   ‘It takes all the ingredients to come up with a forecast like this.’
Reinsurance
24 May 2024   The programme covers all perils, third event-risks over 175-year protection.
Insurance
27 May 2014   The US National Oceanic and Atmospheric Administration (NOAA) has predicted that there could be a below average amount of hurricanes in the Atlantic this season.