Insight and Intelligence on (Re)insurance Convergence with the Capital Markets

4 February 2012

Alex makes lightweight start to hurricane season

1 July 2010

(Re)insurance players eager for an active hurricane season to stir up the soft market will have to be patient, after Hurricane Alex made landfall in the Soto La Marina area of north-eastern Mexico in the early hours of this morning (0200 GMT) as a category 2 hurricane on the Saffir-Simpson scale.

Alex weakened after crossing the coast with a current CME hurricane index (CHI) value of 2. The CHI value is the basis for trading hurricane options on the Chicago...

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