US Southeast/Gulf
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This year is predicted to be an above-average season, like 2024. -
Most of the losses are attributable to a supercell storm in Texas.
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It previously predicted activity slightly below the 1995-2024 average.
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The agency forecasts up to five major hurricanes and 19 named storms.
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The MGA has faced high claims activity on its energy liability book, fuelled by social inflation.
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The multi-day weather outbreak caused widespread damage from Texas to the Carolinas.
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The 2024 hurricane season stayed within predictions for high activity but lacked market-moving events.
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Twia’s SCS losses in Q1-Q3 2024 have been more than double the budgeted amount.
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The NHC is predicting storm surge, exacerbated by the tide, as high as 15ft for Tampa Bay.
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A hurricane warning has been issued for the east coast of Florida.
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Hurricane Milton strengthened from a tropical storm on Sunday to a Category 5 storm yesterday.
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Milton is expected to move north of the Yucatan Peninsula today and cross the eastern Gulf of Mexico by Wednesday.
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