Hashtag: #2017HurricaneSeason

Hurricane Ophelia Matches 124-Year-Old Record

Hurricane Ophelia Matches 124-Year-Old Record

Ophelia — the 15th named storm of the 2017 Atlantic Season — has strengthened into a hurricane, becoming the 10th consecutive Atlantic named storm to reach hurricane status, matching the all-time record which last occurred over 120 years ago – in 1893. This is according to Dr Phil Klotzbach, a storm researcher at Colorado State University,... Read more of this article

‘Build Greater Resilience To Face New Normal’

‘Build Greater Resilience To Face New Normal’

The catastrophic hurricanes that ripped through the Caribbean recently were “likely to be the new normal,” and “provided the evidence of the reality of climate change,” CARICOM Secretary-General Ambassador Irwin LaRocque said. The impact of the storms also pointed to the need for the Region to “build greater resilience... Read more of this article

ABIR: Bermuda’s Reinsurers May Pay Out $25B

ABIR: Bermuda’s Reinsurers May Pay Out $25B

Bermuda’s global insurers and reinsurers have already begun to pay claims on last month’s hurricanes Harvey, Irma and Maria, and ultimately Bermuda market companies may fund a quarter or more of approximately $100 billion in aggregate insured losses from the events, according to preliminary estimates from the Association of Bermuda Insurers &... Read more of this article

15th Named Storm Of Atlantic Season Forms

15th Named Storm Of Atlantic Season Forms

Yet another storm has formed in the Atlantic, with Tropical Storm Ophelia becoming the 15th named storm of the 2017 Atlantic season. Ophelia “not a threat to Bermuda”, the Bermuda Weather Service said, with its closest point of approach to Bermuda within 72 hrs has passed. Graphic courtesy of the BWS:The latest forecast from the U.S. National... Read more of this article

14th Named Storm Of Atlantic Season Forms

14th Named Storm Of Atlantic Season Forms

Tropical Storm Nate — the 14th named storm of the 2017 Atlantic season — has formed today [Oct 5], and is not a “threat to Bermuda at this time,” the Bermuda Weather Service said. The latest forecast from the U.S. National Hurricane Center said, “At 8.00am EDT, the center of Tropical Storm Nate was located near latitude 13.9... Read more of this article

RMS Estimates Insured Losses From Maria

RMS Estimates Insured Losses From Maria

RMS, a global risk modeling and analytics firm, has estimated that the insured loss from Hurricane Maria will be between USD $15 and $30 billion. This estimate represents the insured losses associated with wind, storm surge and inland flood damage across the Caribbean, with Puerto Rico and Dominica suffering the most widespread destruction. The estimate... Read more of this article

Clarien’s Hurricane Donation Drive Continues

Clarien’s Hurricane Donation Drive Continues

Hurricanes Irma and Maria left destructive paths of devastation throughout the Caribbean, and as the region recovers from both storms, the Clarien Bank hurricane donation drive continues to accept donations in support of Red Cross relief and recovery efforts. Clarien Bank Chief Marketing Officer Michael DeCouto commented: “As thousands in the region... Read more of this article

Fitch Ratings: Reinsurer Downgrade Risks Grow

Fitch Ratings: Reinsurer Downgrade Risks Grow

Following the devastation caused by Hurricane Maria, 2017 catastrophe losses for the global insurance and reinsurance sectors will exceed $100 billion and could reach close to $190 billion on a pretax basis, Fitch Ratings says. According to Fitch, losses on this scale, which at the upper end would be the highest on record in a single year, could “weaken... Read more of this article

BWS: Maria & Lee Are Both “Potential Threats”

BWS: Maria & Lee Are Both “Potential Threats”

[Updated] As of their latest update at 6.00pm this evening [Sept 26], the Bermuda Weather Service has stated that Tropical Storm Maria and Hurricane Lee are both ‘potential threats to Bermuda.’ Tropical Storm Maria Tropical Storm Maria is a “potential threat to Bermuda”, the Bermuda Weather Service said, with its closest point... Read more of this article

BELCO Crew To Travel To BVI On Wednesday

BELCO Crew To Travel To BVI On Wednesday

BELCO’s Lineman Crew — originally scheduled to depart on September 16th — will be flying out tomorrow [Sept 27] in order to help restore electricity in the British Virgin Islands. “Following the devastating effects of the 185mph winds of Category 5 Hurricane Irma to BVI’s electricity infrastructure, BELCO had responded to a request... Read more of this article

‘National Grub Day’ In Aid Of Hurricane Victims

‘National Grub Day’ In Aid Of Hurricane Victims

The Bermuda Union of Teachers is inviting all schools, staff and the general public to participate in a ‘National Grub Day’ on Friday [Sept 29] in aid of hurricane victims in the Caribbean. A spokesperson said, “Bermuda Union of Teachers invites all schools, MOE/DOE Staff and the General Public to participate in a National Grub Day on... Read more of this article

A.S. Cooper Donates To Help Hurricane Victims

A.S. Cooper Donates To Help Hurricane Victims

A.S. Cooper Group of stores CEO Somers Cooper recently presented a $10,000 cheque to Bermuda Red Cross Executive Director Ann Spencer-Arscott to assist with hurricane relief efforts for the Caribbean. “We were shocked by the devastation from the two recent hurricanes which battered the Caribbean, especially the extensive damage in Barbuda, Dominica,... Read more of this article

BVI Family Temporarily Relocates To Island

BVI Family Temporarily Relocates To Island

[Written by Don Burgess] ‘Hurricane relief’ has been extended to a family of four from the British Virgin Islands who have been allowed to temporarily relocate to Bermuda, and the Department of Immigration confirmed they have processed 12 work permit applications from Caribbean islands impacted by Hurricanes Irma and Maria. The Department... Read more of this article