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BMS News

Tropical Update: July 25

By: - July 25th, 2018

With the peak of the Atlantic basin hurricane season (September 10) just 46 days away, I thought I’d provide a bit more context around what to expect in terms of tropical activity as we head into this part of the season. In the last seasonal update I provided on May […]

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BMS Atlantic Hurricane Seasonal Forecast

By: - May 31st, 2018

The Official Start to Atlantic Hurricane Season? In theory, the Atlantic hurricane season started late last week with the naming of subtropical storm Alberto. However, interestingly, prior to 2002, subtropical storms were not given names, even though the National Hurricane Center would issue forecasts and warnings for them. Since 2002, […]

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BMS Tropical Update 5/24/2018

By: - May 24th, 2018

It’s that time of year We have reached the time of year when the insurance industry starts paying attention to potential tropical troubles. In fact, over the last two weeks many media outlets have been focusing on possible development in the Gulf of Mexico. There was a weak area of […]

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2017 losses, long-term weather trends and their insurance consequences

By: - May 2nd, 2018

Catastrophic weather events in 2017 left the re/insurance business with a conundrum. Record-breaking insured catastrophe losses exceeded any previous year. However, the impact of those unprecedented losses on re/insurance pricing has been less than many had hoped for or expected. Claims of nearly $140 billion have not delivered a traditional […]

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California Columbus Day Firestorm

By: - October 12th, 2017

Although October is usually known for Atlantic hurricane activity and sometimes a second peak of severe weather that can occur as summer wanes, this month is also the height of the California wildfire season, which typically runs from spring to late fall. Unfortunately, it should be no surprise that this […]

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BMS Tropical Update 10/07/2017 11 AM CDT

By: - October 7th, 2017

Last night at 11:30 PM EDT, the NHC upgraded Nate to hurricane status about 18 hours ahead of when it was originally predicted to become a Category 1 storm. This is now the first time since 2012 that more than nine hurricanes have developed in one season. This is also […]

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BMS Tropical Update 10/06/2017 12 PM CDT

By: - October 6th, 2017

Nate’s overall structure is finally beginning to improve, based on satellite imagery and observation from a hurricane hunter aircraft. Strong thunderstorms have developed over/near the center of the system, and organized outflow is developing in the upper levels. Banding structures are now beginning to organize around the system. This is […]

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BMS Tropical Update 10/05/2017 10 AM CDT

By: - October 5th, 2017

Tropical Depression 16 has been upgraded as of this morning to Tropical Storm Nate, but it remains poorly organized as it interacts with the Central American coastline. Nate’s center is now just off the Nicaraguan coast. A well-defined core has not yet emerged at this stage, and any banding features […]

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BMS Tropical Update 10/04/2017 9 AM CDT

By: - October 4th, 2017

Despite the lull in new activity since September 16, the hurricane season is not over yet. This is not a surprise, as even the very active year of 2005 had periods of inactivity. As I last talked about in my September 25 update, the next area to watch for tropical […]

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BMS Tropical Update 9/25/2017 12 PM CDT

By: - September 25th, 2017

Maria is weakening at a greater pace than previously thought, and it will now likely have little impact on the insurance industry as it stays a safe distance from land and begins to race across the Atlantic on Wednesday. This is great news and should provide the insurance industry with […]

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