Researchers predict 18 to 22 named tropical storms will form in the Atlantic this year, with 3 to 5 expected to become major hurricanes. This continues the past years’ trends, but recent update indicates larger activity than expected earlier this year.
While Covid-19 is occupying the minds of all risk managers, captive managers, and underwriters, the short- and long-term impacts of climate risk need to be kept top of mind as businesses maintain resilience in this time of crisis.
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