Posts Tagged ‘Windstorm’



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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May 4th, 2017

Midwestern United States Flood/SCS Event, April 28 – May 4

Posted at 2:36 PM ET

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A significant severe thunderstorm outbreak with heavy rainfall has affected areas from the Southern Plains to the Great Lakes and Northeast, with historic flooding in parts of the Central Mississippi Valley. Significant rainfall amounts of over ten inches occurred over saturated soils of the Central Mississippi Valley and surrounding watersheds. The rainfall produced historic flooding on some rivers, and the Mississippi River itself is expected to approach record flood stage at Cape Girardeau over the coming days. Flood impacts have been locally severe and include reports of property damage, numerous road closures, evacuations and water rescues. A levee breach has forced evacuations near Pocahontas, Arkansas.

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February 8th, 2017

Southern U.S. Severe Thunderstorms

Posted at 2:11 PM ET

us-local-storm-reports-february-7-2017-smA severe thunderstorm outbreak has affected areas from Louisiana to Kentucky to Florida. Several tornadoes have been reported in Southeast Louisiana, Mississippi and Florida. This includes a probable EF-3 tornado affecting the East New Orleans area, according to media reports. Significant property damage has been reported for several areas, with especially severe impacts for the East New Orleans tornado. Downed trees and powerlines with light to moderate property damage have been reported for affected areas of the Florida Panhandle. At least 36 injuries and one fatality have been reported in the media. Rescue and damage survey operations are ongoing, and it is too early to ascertain the full scope and severity of this event. Our first thoughts and concerns are with those directly affected by this event.

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January 23rd, 2017

U.S. SCS Outbreak January 20—22, 2017

Posted at 3:13 PM ET

us-local-storm-outbreak-jan-20-22-2017-local-report-sm1A significant severe weather outbreak has affected areas from East Texas to the Florida Peninsula to South Carolina. These severe thunderstorms were enabled in an especially favorable environment to produce reports of tornadoes, hail and nontornadic wind gusts. One significant tornado has been confirmed by the National Weather Service to affect areas of Hattiesburg, Mississippi. Probable significant tornadoes have also been reported in South Georgia. Significant property damage has been reported for areas affected by these tornadoes. Media reports also indicate downed trees and powerlines with light property damage in areas affected by other weaker tornadoes and nontornadic wind gusts. At least 19 fatalities have been reported by the media, and our first thoughts and concerns are with those directly affected by this event.

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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 30th, 2016

Sevier County Wildfires

Posted at 3:49 PM ET

sevier_county_wildfires-sm2Wildfire activity has rendered severe impacts to areas of Sevier County, Tennessee including the Gatlinburg and Pigeon Forge areas. The fire activity began late Sunday on Chimney Tops Mountain as a 10 acre fire that grew at an extreme rate Monday evening due to strong, gusty winds. Wind gusts well in excess of 60 mph carried embers a considerable distance to start new fires in extremely dry vegetation from recent drought. Gusty winds also brought trees down onto powerlines sparking new fires in surrounding dry vegetation.

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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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