Atlantic hurricane activity has large natural interannual variation. However, there’s evidence that on top of that variation are trends driven by climate change. There’s been considerable work estimating these hurricane trends over the full North Atlantic. But what about regional activity on the US coast?...
The Ministry of Finance of the Government of Peru has confirmed that it is awaiting a $60m payout from the World Bank after a recent earthquake triggered its catastrophe bond protection, coverage that it said complements its national risk management policy. Peru benefits from $200m of catastrophe bond backed earthquake...