US Southeast/Gulf
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The insurer of last resort currently has $2.15bn of cat bond protection on risk. -
Despite a rocky H1, 2025 insured losses from nat cat events may not surpass 2024 levels.
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The tropical cyclone is expected to be named Imelda.
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Despite formation of Gabrielle, there is "a very high probability" of a below-average season.
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Models anticipate a busier second half, particularly in the next few weeks.
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Lawmakers are seeking input on risk evaluation, limits and other concerns.
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Staff targeted include producers that channel business through Howden’s London wholesale arm.
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State legislation has led to major strides in rate adequacy.
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Category 4 and 5 storms could become more common and hit further north.
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Despite predicting fewer hurricanes, the numbers are still above average.
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This year is predicted to be an above-average season, like 2024.
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Most of the losses are attributable to a supercell storm in Texas.
