June 3, 2024
Source: Program Business
Despite warnings of a potential surge in Atlantic storms this summer, insurance for catastrophes is once again attracting capital. Investors do have some reasons to be confident, but they shouldn’t be overconfident.
Despite warnings of a potential surge in Atlantic storms this summer, insurance for catastrophes is once again attracting capital. Investors do have some reasons to be confident, but they shouldn’t be overconfident.
The National Oceanic and Atmospheric Administration recently forecast its highest-ever number of storms for its May outlook of the Atlantic season. The most likely range includes four to seven major hurricanes. Other researchers have also predicted a “hyper-active” storm season.
For the full article: Program Business
