August 27th, 2010

Update: Hurricane Danielle

Posted at 3:25 PM ET

danielle-friday-small1Hurricane Danielle, the strongest hurricane of the 2010 Atlantic hurricane season, strengthened to a Category Four storm today. According to the National Hurricane Center (NHC), the storm is currently located approximately 480 miles (770 kilometers) southeast of Bermuda. Danielle is moving in a north-westerly direction with maximum sustained winds of around 135 mph (215 kmph). The storm is predicted to turn toward the north on Saturday, with the center of the hurricane passing well east of Bermuda on Saturday night. According to the NHC, some additional strengthening is possible in the next 24 hours. Hurricane-force winds have been reported up to 60 miles (95 kilometers) from the center of the storm while tropical storm-force winds extend 205 miles (335 kilometers) from the center.

Although Danielle is expected to pass well east of Bermuda on Saturday, the islands will experience large waves and dangerous surf conditions over the next few days. The NHC has advised interests in Bermuda to monitor the progress of the storm. The storm is not expected to hit the United States or Canada, however, swells from the storm will likely cause dangerous rip currents on the east coast of the United States on Saturday.

danielle-friday-big1

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 closely monitor Danielle’s progress and will only issue an update to this report if the storm takes a path that is likely to impact Bermuda.

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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