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Typhoon Haishen is following in the wake of the storm, and is currently forecast to approach South Korea at Cat 4 strength
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The storm, which is heading for Belize, is also expected to bring “dangerous” surges, according to the NHC.
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Louisiana will account for the brunt of insured losses from the Category 4 hurricane, which made landfall last month.
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The storm is forecast to make landfall in the Korean peninsula within 36 hours.
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The February flooding took total UK winter losses to £775mn.
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The Farm Bureau programmes feature strong Lloyd's participation, while depop carriers are ones to watch.
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Cal Fire says the SCU blaze in southern California is also 60% contained.
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Stinging energy losses could be added to a slew of painful marine and aviation losses in August. -
The storm produced a storm surge less severe than feared and has now been downgraded to a tropical depression.
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Storm surge losses are expected to remain under $500mn.
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The state insurer of last resort buys cover from a much lower-attaching level than its Texas peer.
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The ratings agency predicts a potential retreat of certain E&S carriers.
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