Posts Tagged ‘CAT-i’



September 21st, 2017

Hurricane Maria

Posted at 2:13 PM ET

h-maria-track-1-smHurricane Maria has affected areas of the Caribbean as a severe Category 4 or 5 hurricane, rendering severe damage due to wind and flood to areas including Dominica, Saint Croix and Puerto Rico. At least seventeen fatalities have been reported by media along with 20 missing and these numbers may rise as the most severely damaged areas become accessible. Severe to complete damage has been reported in Dominica. Variable damage to property and infrastructure has been reported in Puerto Rico, and power and drinking water have been compromised, with media reports that the entire island is without power. Our first thoughts and concerns are with those lost and directly affected by this event.

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September 21st, 2017

Catastrophe Events Occurring In North America Recently

Posted at 1:00 AM ET

Here we review GC Capital Ideas posts on the three most recent catastrophe events occurring in North America within a period of 16 days.

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September 20th, 2017

7.1 Mw Earthquake Near Raboso, Mexico

Posted at 1:51 PM ET

7-1-eq-raboso-mexico-smA magnitude (Mw) 7.1 earthquake struck near Raboso, Mexico yesterday, according to the U.S. Geological Survey (USGS). The quake occurred at 1:14 p.m. local time (18:14 UTC), with Mexico City approximately 122 kilometers (75.9 miles) southeast of the epicenter.

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September 14th, 2017

Hurricane Irma - Update

Posted at 7:58 AM ET

hurricane-irma-9-13-smHurricane Irma was a large and destructive storm that rendered impacts to most of the Southeast United States including the Florida Keys as well as areas of the Caribbean. Impacts for areas of the Northern Leeward Islands and the Virgin Islands, as well as northern Cuba have been especially severe. For the United States, the most severe impacts have been in the Florida Keys due to both wind and storm surge, with flood impacts as far away as coastal Georgia and northeast Florida. Wind impacts extend from Tennessee to the Carolinas to Florida. At least 67 fatalities have been reported. It will take time to fully assess the full scope and severity of this ongoing event, and our first thoughts and concerns are with those directly affected.

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September 11th, 2017

Hurricane Irma

Posted at 2:41 PM ET

hurricane-irma-smHurricane Irma affected areas of the Caribbean and northern Cuba as a Category 5 hurricane on the Saffir-Simpson Scale, while also passing near Puerto Rico and the Dominican Republic. Impacts in areas of the northern Leeward Islands and northern Cuba have been especially severe. While affecting northern Cuba, Irma weakened to a Category 3 hurricane before turning north towards the Florida Keys.

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September 8th, 2017

8.1 Mw Earthquake Near Pijijiapan, Mexico

Posted at 1:50 PM ET

8-1mw-eq-pijijiapan-mexico-smA magnitude (Mw) 8.1 earthquake struck in the Pacific Ocean southwest of Pijijiapan, Mexico, according to the U.S. Geological Survey (USGS). The quake occurred at 11:49 p.m. local time (04:49 UTC).

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September 1st, 2017

Hurricane Harvey – Update

Posted at 7:03 AM ET

hurricane-harvey-8-31-smFollowing initial landfall, Hurricane Harvey continued to meander over southeast Texas while weakening to tropical storm status due to land interaction. Harvey then briefly emerged over the Gulf of Mexico before turning to the northeast and making a third landfall near Cameron, Louisiana, early Wednesday morning as a tropical storm. Harvey has since continued to move to the north-northeast and weakened further due to land interaction and dry air. The National Hurricane Center (NHC) downgraded Harvey from tropical storm to tropical depression status at 8 p.m. EDT on August 30, and discontinued tropical storm warnings at that time.

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August 29th, 2017

Hurricane Harvey - Update

Posted at 7:45 AM ET

tropical-storm-harvey-track-sm Hurricane Harvey made landfall around 11 p.m. EDT, August 25, on the Texas coastline between Port Aransas and Port O’Connor. The hurricane made landfall as a rare Category 4 hurricane on the Saffir-Simpson Scale, with maximum sustained winds of 130 mph and a minimum central pressure of 938 millibars (mb). Harvey then moved inland and began to drift with weak or absent steering currents over subsequent days. Harvey produced significant wind impacts near the immediate impact area along with a considerable storm surge. The slow motion of the weakening hurricane also produced bands of thunderstorms that produced very heavy rainfall over southeast Texas. These rainfall amounts, well in excess of 20 inches for certain areas, have produced catastrophic flood impacts over southeast Texas including the Houston metro area. Impacts include light to moderate wind and tornado damage with downed trees and powerlines, along with flood impacts of variable severity, and significant impact reports from the Houston metro area. Damage to local infrastructure in affected areas has been reported. The storm has caused at least six fatalities according to media reports.

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August 25th, 2017

Hurricane Harvey

Posted at 1:48 PM ET

hurricane-harvey-smHurricane Harvey poses an active threat to the Texas coast as a major hurricane. According to the 3 p.m. EDT National Hurricane Center (NHC) position advisory, Hurricane Harvey carries maximum sustained winds of 120 mph, a Category-3 hurricane on the Saffir-Simpson Scale. Harvey is located about 75 miles southeast of Corpus Christi, Texas, and is approaching the coast on a northwesterly track at 10 MPH. The central pressure has dropped to 943 millibars (mb), and this likely will bring further increase in winds prior to landfall. Harvey is expected to make landfall on the Texas coast late Friday into early Saturday as a major hurricane. Tropical storm conditions are already well underway for certain areas of the Texas coast according to the NHC. Following landfall, Harvey is expected by the NHC to weaken and meander eastward along the Texas coast next week.

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June 12th, 2017

GC Capital Ideas CAT-i Stories: For First Half, 2017

Posted at 1:00 AM ET

Here is a look back at the CAT-i stories covering January through mid-June of 2017.

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