Mexico Catastrophe Bond Likely to Pay on Hurricane Patricia’s Losses: S&P November 5, 2015 By Sebastian Boyd Bonds sold by Mexico to shield it from the cost of repairing hurricane damage are closer to paying out after...
Wildfires, and Now El Niño May Boost Californian’s Appetites for Surplus Lines November 3, 2015 By Don Jergler There’s little question that the drought and the recent wildfire season that it unleashed pushed more California homeowners into the...
Mexico’s Hurricane Patricia May Hit Catastrophe Bondholders October 27, 2015 By Sebastian Boyd Mexico’s natural disaster fund may be $100 million better off at bondholders’ expense after Hurricane Patricia appeared to trigger a...
Texas Goes From Drought to Flood to Drought in 60 Days September 23, 2015 By Brian K. Sullivan Across eastern Texas, parts of Louisiana and Mississippi the land went from moist to parched in a matter of weeks....
El Niño’s Dark Side Could Bring More Trouble to California September 18, 2015 A group of drought experts gathered in California this week, and it wasn’t long before the conversation turned to El...
Massive California Blazes, And It’s Not Even Official Wildfire Season Yet September 16, 2015 By Don Jergler A pair of massive blazes in the Northern California are a bleak reminder of how bad things can get in...
Aon Benfield August Cat Report Highlights Global Droughts, El Niño, Typhoons September 4, 2015 The monthly report for August from Aon Benfield’s Impact Forecasting catastrophe model development team cites the “severe drought conditions” in...
El Nino in Pacific Strongest Since Record Event in 1997-1998 September 1, 2015 By Phoebe Sedgman The El Nino that’s changing weather across the globe is now the strongest since the record event almost two decades...
Plagued by Drought, California Prepares For El Niño Storms August 27, 2015 By Amy Taxin While drought-plagued California is eager for rain, the forecast of a potentially Godzilla-like El Niño event has communities clearing out...
Guy Carpenter Predicts El Niño Event Will Bring Fewer Tropical Cyclone Landfalls July 17, 2015 El Niño years bring disruptive weather, such as floods and drought, but have an added benefit of leading to fewer...