Posts Tagged ‘tropical cyclone’



January 18th, 2017

Public Sector Risk Financing Perspectives in Latin America: Part I

Posted at 1:00 AM ET

aidan-pope-headshot-smAidan Pope, Managing Director

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Globally, three of the ten most costly natural disaster events in the last 35 years occurred in total or in part in the Latin America/Caribbean region (1). As the region’s population, urbanization and gross domestic product concentration continues to grow, the effects of climate volatility are likely to further increase the impact of natural perils losses on economies that are already struggling. We are just now assessing the losses from Hurricane Matthew in the Caribbean. The ultimate costs of these catastrophe event responses causes a strain on public balance sheets and an increase in public debt, ultimately burdening taxpayers.

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January 17th, 2017

Further Considerations on the Hurricane “Shield” Theory

Posted at 1:00 AM ET

james-wallerJames Waller, Ph.D, Research Meteorologist

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A recent New York Times article titled “Conditions That Form More Hurricanes Also Protect U.S., Study Finds” (1) notes a hurricane “shield” for the U.S. coast during busy hurricane seasons. The article, based on recent research by James Kossin, (2) provides valuable insight, including some notes of caution from other experts in the field, but the observations should be treated with a moment of pause. Some key points to consider:

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January 16th, 2017

Chart: Top Ten Significant Insured Loss Events: 2016

Posted at 1:00 AM ET

The table lists the latest estimates for the top ten significant insured loss events for 2016.

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January 12th, 2017

GC Capital Ideas Top CAT-i Stories: 2016

Posted at 1:00 AM ET

Here is a look back at the top CAT-i stories for the year 2016.

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November 10th, 2016

Asia Pacific Catastrophe Report 2016: Executive Summary: Post-El Niño: Part II

Posted at 1:00 AM ET

bromo-volcano-east-java-indonesia-smIn June, the Guy Carpenter Asia-Pacific Climate Impact Centre (GCACIC) and the School of Energy and Environment, City University of Hong Kong, released the 2016 predictions for tropical cyclone formations and landfalls. The predictions were for the period from May through October for three regions:

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November 9th, 2016

Asia Pacific Catastrophe Report 2016: Executive Summary: Post-El Niño: Part I

Posted at 1:00 AM ET

bromo-volcano-east-java-indonesia-smThe U.S. National Oceanic and Atmospheric Administration (NOAA) Climate Prediction Center predicts there is 55 percent to 60 percent chance that strong El Niño conditions will transition to La Niña conditions in the fall and winter of 2016-2017.(1) This kind of transition year has been observed four times since 1950 (1966, 1973, 1983 and 1998).

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October 25th, 2016

Super Typhoon Haima, Typhoon Sarika

Posted at 2:41 PM ET

typhoon_haima_typhoon_sarika-smIn the Northwest Pacific Basin, Typhoon Sarika and Super Typhoon Haima have recently affected areas of the Philippines, Vietnam and Mainland China. Both typhoons made landfall in the northern Philippines within a week, as a Category 4 on the Saffir-Simpson scale. Reported impacts in the northern Philippines have been especially severe, with reports of moderate to complete damage over areas of northern Luzon. Damage from wind, flooding and mudslides have been reported, together with reports of downed trees and powerlines.

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October 11th, 2016

GC Capital Ideas Top CAT-i Stories for the Third Quarter, 2016

Posted at 1:00 AM ET

Here we review the top five CAT-i stories covering July through September of 2016.

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October 10th, 2016

Hurricane Matthew

Posted at 3:38 PM ET

hurricane-matthew-smHurricane Matthew became a rare Category 5 hurricane on the Saffir-Simpson scale, with maximum sustained winds of 160 mph. The hurricane followed the western edge of a subtropical ridge to inflict catastrophic damage to Haiti as a Category 4 hurricane before crossing eastern Cuba, and turning to the northwest through the Bahamas towards Florida.

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September 28th, 2016

Typhoon Megi

Posted at 1:40 PM ET

typhoon-megi-smIn the Northwest Pacific Basin, Typhoon Megi made landfall in central Taiwan Tuesday afternoon, local time. The typhoon brought reports of excessive rainfall, flash-flooding, and roof damage for affected areas. Isolated rainfall amounts exceeding 1,250 millimeters (50 inches) were reported, with general rainfall amounts of 250 millimeters (10 inches) or more.

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