September 8th, 2010

Tropical Storm Igor

Posted at 2:11 PM ET

igor-small1Tropical Storm Igor, the ninth named storm of the 2010 Atlantic hurricane season, developed at 15:00 UTC today (September 8  ) and is currently located approximately 95 miles (155 kilometers) southeast of the Cape Verde Islands, according to the National Hurricane Center (NHC). Igor currently packs sustained winds of around 40 mph (65 kmph). The storm is traveling in a westerly direction and this general motion is expected to continue for the next couple of days as the storm passes to the south of the Cape Verde Islands. The NHC said tropical storm-force winds extend 50 miles (85 kilometers) from the center of the storm.

A tropical storm watch has been issued for the southern Cape Verde Islands, including Maio, Sao Tiago, Fogo and Brava. Forecasters expect Igor to maintain its general course until September 10, when the storm is forecast to take a more west-northwesterly track. This route will see Igor move into the mid-Atlantic by the weekend and into early next week. The official NHC prediction has Igor strengthening over the 5-day forecast range, with forecasters expecting the storm to intensify into a category 1 hurricane on September 11. Further strengthening is predicted thereafter as Igor moves into a favorable environment for intensification. Igor is not expected to pose a threat to land within the NHC 5-day forecast range. Guy Carpenter will closely monitor Igor’s progress over the coming days.

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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.

Earlier this week, Tropical Storm Hermine developed in the southwestern Gulf of Mexico on September 6 and made landfall around 24 hours later just south of the Texas/Mexico border. Hermine was a strong tropical storm at landfall, with sustained winds of around 65 mph (100 kmph). Minor damage was reported in the Mexican town of Matamoros as Hermine cut power to around 50,000 people and damaged about 20 homes. Reports said a total of 3,500 people sought refuge in northern Mexico. Over the border in Texas, some minor flooding occurred as up to 4 inches (100 millimeters) of rainfall fell. Although wind gusts of up to 70 mph (110 kmph) caused some disruption in Texas, there were no reports of significant damage.

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

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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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