Insured Losses From Hurricane Melissa Could Reach $4.2 Billion, Verisk Estimates November 3, 2025 Insured losses from Hurricane Melissa’s strike on Jamaica are expected to range between $2.2 billion and $4.2 billion, according to...
Jamaica Catastrophe Bond Has Now Triggered, Government Says November 3, 2025 By Lauren Rosenthal and Gautam Naik Jamaica’s catastrophe bond has now triggered as a result of the fallout from Hurricane Melissa, the government said. “Over the...
Melissa Jamaica Damage Seen Costing Insurers Up to $3 Billion October 31, 2025 By Alexandre Rajbhandari The wreckage caused by Hurricane Melissa in Jamaica is expected to cost insurers $1 billion to $3 billion, according to...
Hurricane Melissa to Bring Wet, Windy Weather to Northern Europe October 31, 2025 By Joe Wertz and Kari Lundgren Hurricane Melissa is forecast to dissipate in the Atlantic Ocean next week, bringing wet and windy weather to northern Europe...
Satellite Data Reveals Hurricane Melissa Damage in Jamaica October 31, 2025 By Josh Saul, Krishna Karra, Christopher Cannon and Mary Hui As Hurricane Melissa sweeps past Bermuda, new satellite data of Jamaica has revealed devastation for tourist center Montego Bay and...
Jamaica’s Grid Was Not Ready for Hurricane Melissa October 30, 2025 By Zahra Hirji After Hurricane Beryl devastated Jamaica’s grid last year, officials at the island’s sole utility vowed to fortify it. But the...
Hurricane Melissa Wreaks $8 Billion of Damage, Kills Dozens October 30, 2025 By Josh Saul, Lauren Rosenthal and Mary Hui The devastation from Hurricane Melissa came into focus after the record-setting storm moved past Jamaica, Haiti and Cuba with at...
Reinsurers Hold Bulk of Jamaica’s Property Exposures From Hurricane Melissa: Reports October 29, 2025 By L.S. Howard Hurricane Melissa made landfall in Jamaica as a powerful category 5 storm – a record for the Caribbean island nation...
Hurricane Melissa Makes Cuba Landfall After Lashing Jamaica October 29, 2025 By Ben Westcott, Brian K. Sullivan and Lauren Rosenthal Hurricane Melissa made landfall in Cuba less than a day after it became the strongest recorded storm to strike Jamaica,...
Jamaica Catastrophe Bondholders Now Face Full-Trigger Event October 28, 2025 By Gautam Naik Investors in Jamaica’s catastrophe bond now face a full trigger event that would force payment of the entire $150 million...