August 3rd, 2010

Tropical Storm Colin

Posted at 8:56 AM ET

colinsmallTropical Storm Colin, the third named storm of the 2010 Atlantic hurricane season, developed at 09:00 UTC today and is currently located approximately 945 miles (1,525 kilometers) east of the Lesser Antilles, according to the National Hurricane Center (NHC). Colin packs sustained winds of around 40 mph (65 kmph). The storm is traveling in a west-northwest direction and this general motion is expected to continue for the next 24 to 48 hours as the storm slightly strengthens. The NHC said tropical storm-force winds extend 35 miles (55 kilometers) from the center of the storm.

On its current path, forecasters said Colin will pass well to the northeast and north of the Leeward Islands late on Wednesday (August 4) and early Thursday (August 5). The official forecast calls for modest strengthening during the next 36 hours followed by a leveling off of intensity thereafter. The NHC said the presence of an upper level low over the southwestern North Atlantic and associated wind shear is likely to prevent significant strengthening as Colin moves towards the eastern seaboard of the United States. Colin is not expected to intensify into a hurricane over the next five days, according to forecasters.

colinbig

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.

Guy Carpenter will continue to monitor the situation.

Sources: National Hurricane Center, WSI, Associated Press, Reuters News, Agence France Presse

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

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