Here are recent CAT-i stories from the period July to mid-September of 2015.
Posts Tagged ‘hurricane’
GC Securities* Report Shows Healthy Catastrophe Bond Activity Supported by Record Issuance of Private Bonds
GC Securities, a division of MMC Securities Corp., a U.S. registered broker-dealer and member FINRA/NFA/SIPC, today released a briefing and analysis of catastrophe bond activity for the second quarter of 2015, which shows healthy activity across the market and primary issuance levels recorded as the fourth highest second quarter on record.
Typhoon Soudelor made landfall in Hualien County, Taiwan at about 05:00 CST Saturday (21:00 UTC Friday), with one-minute sustained winds of 120 mph (195 kilometers per hour) according to the Joint Typhoon Warning Center (JTWC). Soudelor brought excessive rainfall and strong winds to Taiwan, causing inland flooding, mudslides and reports of widespread damage.
Following the 15 UTC update of the Joint Typhoon Warning Center (JTWC) on August 8, Typhoon Soudelor carries one-minute sustained winds of 75 mph (120 kilometers per hour), equivalent to a Category 1 on the Saffir-Simpson Scale. Soudelor has a pressure of 970 millibars according to the Japan Meteorological Agency.
Conditions are already deteriorating over Taiwan as Typhoon Soudelor approaches. Soudelor is forecast to make landfall on the Central East coast of Taiwan early Saturday local time. Expected hazards include excessive rainfall and inland flooding, together with significant winds and storm surge. A second landfall in Mainland China is expected to bring heavy rain and wind over a widespread area.
Typhoon Soudelor is forecast to make landfall on the central east coast of Taiwan late Friday or early Saturday local time. Hazards include excessive rainfall and inland flooding, together with significant winds and storm surge. A second landfall in Mainland China is expected to bring heavy rain and wind over a widespread area.
Typhoon Soudelor continues to threaten Taiwan and Mainland China. The summary below follows the 15 UTC advisory of the Joint Typhoon Warning Center (JTWC), and the 15:45 UTC advisory of the Japan Meteorological Agency (JMA).
Here we review the 2015 seasonal predictions for tropical cyclone activity in the Western North Pacific and Atlantic Basins.