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When Hurricane Alex showed up off the Azores last week, it was the first Atlantic hurricane to develop in January since 1938. A look at other off-season hurricanes, those that develop before June 1 and after Nov. 30, including one that spanned two years.
Munich Reinsurance Co. is issuing a new catastrophe bond Queen Street XI Re dac that will cover U.S. hurricane and Australian cyclones, reported Artemis.bm.
Munich Re to issue U.S. hurricane, Australian cyclone cat bond
Munich Re calculates decrease in natural catastrophe losses for 2015
2. Business Insurance announces winners of 2024 Break Out Awards
4. Everest expands role of head of reinsurance, appoints new global exec
6. Insured losses from bridge collapse could reach $4 billion: Morningstar