Another 5 years of above-average hurricane landfall rates likely

| No Comments

The average risk of landfalling hurricanes in the Atlantic Basin for the next five years remains at significantly above the risk averaged over the long term, warns Risk Management Solutions (RMS).
The current activity rates lead to estimates of average annual insured losses that will be 40% higher than those predicted by the long-term mean of hurricane activity for the Gulf Coast, Florida and the Southeast, an RMS release reports.
The risks will be 25% to 30% higher for the mid-Atlantic and Northeast coastal regions, RMS added.

via


Bookmark and Share

Leave a comment

Archives

OpenID accepted here Learn more about OpenID
Powered by Movable Type 5.01

About this Entry

This page contains a single entry by David published on November 26, 2007 3:52 PM.

Outsourcing of the management of investment assets was the previous entry in this blog.

Woman sues insurance company to force payment of damages is the next entry in this blog.

Find recent content on the main index or look in the archives to find all content.