August 31st, 2009

Tropical Storm Krovanh

Posted at 4:27 PM ET

new-small-tropical-storm-krovanhTropical Storm Krovanh is located approximately 108 miles (174 kilometers) east-northeast of Tokyo, Japan and continues to accelerate north-northeast, according to the Joint Typhoon Warning Center (JTWC). Krovanh is currently a tropical storm and is moving at 21 mph (34 kmph) with sustained winds of approximately 58 mph (93 kmph).

Krovanh battered Tokyo and the east coast of Japan on Monday bringing heavy rain and winds. According to reports, the storm disrupted train and flight schedules, cancelling 27 international and 30 domestic flights at Tokyo’s Narita and Haneda airports, and delaying many others.

In addition to the cancellation of flights, Krovanh disrupted the operations of some of Japan’s oil refineries, including its largest, Nippon Oil Corporation, which halted shipments from one of its refineries south of Tokyo. High waves, heavy rain, and uprooted trees along the coast were reported and two injuries have been attributed to Krovanh. No deaths have been reported.

According to the JTWC, Krovanh is expected to move in a north-northeast direction over the next 12 hours whilst weakening. Current forecasts suggest Krovanh is not on course to make landfall in Japan.

Tropical Storm Krovanh is the second storm to approach Japan this month.

tropical-storm-krovanh

Hazard data illustrated in the CAT-i map was taken from i-aXs®, Guy Carpenter’s web-based risk management platform. i-aXs users can view impacted areas on any map as well as see how their portfolios were affected. Please contact your broker or Instrat® representative for assistance or go to www.i-axs.info for further information.

Click here to register for e-mail updates from GC Capital Ideas >>

Sources: Joint Typhoon Warning Center, WSI, Bloomberg, Agence France Presse

Guy Carpenter’s Instrat® department provides CAT-i reports for major natural catastrophes worldwide. These reports cover catastrophes including worldwide tropical cyclones, earthquakes, major UK and European floods and any other natural event that is likely to incur a significant loss to the (re)insurance industry. Please email CAT.i@guycarp.com if you wish to be added to the free email distribution list.

Instrat also provides RISK-i reports for major technological or man-made events worldwide. These reports cover risks to property, transport and life including explosions, fires, crashes, engineering disasters and terrorist attacks that are likely to incur a significant loss to the (re)insurance industry. Please email RISK.i@guycarp.com if you wish to be added to the free email distribution list.

AddThis Feed Button
Bookmark and Share


Related Posts