A.M. Best Co. has affirmed the financial strength rating of ‘A-‘ (Excellent) and issuer credit rating of “a-” of Bahamas-based Royal Star Assurance Limited (RSA), both with stable outlooks. The ratings reflect” RSA’s solid risk-adjusted capitalization, favorable operating results and …
The U.S. National Hurricane Center said an area of disturbed weather centered about 470 miles east of Nassau in the Bahamas could become the season’s latest tropical depression, or more likely, tropical storm, later Wednesday. But forecast tracks so far …
The U.S. National Hurricane Center said Tuesday a tropical wave in the western Atlantic Ocean northeast of Puerto Rico had a high chance — greater than 50 percent — of becoming a tropical cyclone during the next 48 hours. NHC …
The Caribbean Catastrophe Risk Insurance Facility (CCRIF) and the Caribbean Disaster Emergency Response Agency (CDERA) have signed a Memorandum of Understanding (MOU) formalizing a partnership to facilitate capacity building and to develop strategies for mitigating the physical and socio-economic impacts …
Hurricane Bill continues to follow the trajectory forecast by the National Hurricane Center in Miami. The storm remains a Category 3 hurricane with maximum sustained winds of around 115 mph, 185 km/hr, with higher gusts. According to the latest NHC …
Hurricane Bill has weakened somewhat from a category 4 storm to category 3 on the Saffir-Simpson scale. It nonetheless remains a dangerous storm with maximum sustained winds of around 125 mph, 205 km/hr, with higher gusts. The National Hurricane Center …
Powerful Hurricane Bill, a dangerous Category 4 storm with 135 mph winds, raged across the open Atlantic Wednesday, days from land but on a path that could menace Canada’s eastern provinces next week. Sweeping past the Caribbean islands and posing …
Hurricane Bill, the first of the 2009 Atlantic season, gathered strength and grew into a dangerous Category 4 storm with sustained winds of up to 135 mph (215 kph) on Wednesday, the U.S. National Hurricane Center said. Bill posed no …
The Atlantic could get its first named storm of the hurricane season later Wednesday, according to the U.S. National Hurricane Center. The basin’s second tropical depression is remaining just below tropical storm strength, the NHC said in its latest report …
The European Union has joined the Caribbean Catastrophe Risk Insurance Facility’s (CCRIF) 16 member governments – Canada, the World Bank, the United Kingdom, Bermuda, Ireland, France and the Caribbean Development Bank – in donating to the facility’s reserve pool. The …
