August 23rd, 2010

Tropical Storm Danielle

Posted at 11:35 AM ET

trop-storm-daniellesmallTropical Storm Danielle, the fourth named storm of the 2010 Atlantic hurricane season, developed at 21:00 UTC on August 22 and is currently located approximately 850 miles (1,365 kilometers) west of the Cape Verde Islands, according to the National Hurricane Center (NHC). Danielle packs sustained winds of around 60 mph (95 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 strengthens. The NHC said tropical storm-force winds extend 85 miles (140 kilometers) from the center of the storm.

Forecasters expect the storm to take a turn to the northwest on August 25, which will see Danielle continue to track across the mid-Atlantic and pass well to the northeast and north of the Leeward Islands. The official NHC prediction has Danielle strengthening over the 5-day forecast range, with forecasters expecting Danielle to intensify into a category 1 hurricane within 24 hours. Further strengthening is predicted later this week as the storm moves into a favorable environment for intensification. Danielle poses no immediate threat to land and it remains unclear at this stage whether the storm will impact Bermuda or the eastern seaboard of the United States. Guy Carpenter will closely monitor Danielle’s progress and update this report on August 24.

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

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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.

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.

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