September 1st, 2010

Tropical Storm Fiona

Posted at 12:30 AM ET

fiona-smallClose on the heels of Hurricane Earl, Tropical Storm Fiona formed at 21:00 UTC on August 30 and is currently located approximately 440 miles (705 kilometers) east of the Leeward Islands, according to the National Hurricane Center (NHC). Fiona packs sustained winds of around 40 mph (65 kmph). The storm is traveling in a west-northwest direction and is expected to move toward the northwest with a decrease in forward speed during the next day or so. This track would take Fiona northeast of the Leeward Islands on early Wednesday. The NHC has reported tropical storm-force winds extending 140 miles (220 kilometers) northeast from the center.

The NHC issued a tropical storm warning for St. Martin and St Barthelemy and a tropical storm watch for Antigua, Barbuda, Montserrat, St. Kitts, Nevis, Anguilla, St. Maarten, Saba, and St. Eustatius. Interests elsewhere in the Northern Leeward Islands have been advised to monitor the progress of Fiona. Additional watches or warnings for these areas may be issued later today.

fiona-big

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.

Forecasters expect the storm to follow a similar path as Earl, however, current projections show Fiona staying further out in the Atlantic. Although some gradual strengthening is predicted in the next 24-36 hours, Fiona is not expected to reach hurricane strength during this time. Guy Carpenter will continue to closely monitor Fiona’s progress.

Sources: National Hurricane Center, WSI, Associated Press, Reuters News

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.

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.

AddThis Feed Button
Bookmark and Share


Related Posts