Catastrophe Risks

While current economic conditions present challenges to US property-casualty insurers in terms of addressing hurricane losses, their existing capital is sufficient to withstand this year's hurricane season, according to Fitch Ratings. Numerous forecasters have predicted another above-average hurricane season this year. Read More

Researchers at Colorado State University have updated their 2022 Atlantic hurricane season forecast and are now forecasting a "well-above-average" season. The latest forecast calls for 20 named storms, including 10 hurricanes, 5 of which are expected to be major hurricanes. Read More

Forecasters at the US National Oceanic and Atmospheric Administration (NOAA) have joined others in predicting an above-average Atlantic hurricane season this year. For the 2022 hurricane season, NOAA is forecasting a likely range of 14–21 named storms, of which 6–10 could become hurricanes. Read More

While April was a bit cooler and wetter than usual across the contiguous United States, the month was marked by an early start to wildfire season, several tornado outbreaks, and a widespread drought in the western United States, according to the US National Oceanic and Atmospheric Administration. Read More

Researchers at North Carolina State University have joined other forecasters in predicting an active Atlantic hurricane season this year. According to the North Carolina State forecast, this year's hurricane season—which runs from June 1 to November 30—will see 17 to 21 named storms forming over the Atlantic basin. Read More