Archive for the ‘natural catastrophe’ Category

Watch out – here comes Hurricane season

Friday, May 28th, 2010
Hurricane Ike 2008

Hurricane Ike 2008

The start of the Atlantic hurricane season on June 1 never really meant that much to me until I went to live in Bermuda and within the first month became glued to the weather reports as swirls of clouds spun slowly towards this unprotected dot in the middle of the Atlantic.

As it came nearer, I was surprised by the ferocity of the winds bending and stripping the trees, the swell that turned the turquoise ocean to dark muddy water, the rip currents that pulled the sand from under your feet and made you retreat from the water’s edge quickly. (more…)

The CCRIF – in light of the catastrophe in Haiti is the pot for the insurance and reinsurance of the Caribbean nations enough?

Friday, January 15th, 2010

I was going to write today about XL Capital moving its domicile from the Cayman Islands to Dublin (and by the way, DIMA, well done on bagging this one). I was going to write about what it might mean for the company going forward, for its listings, for its long-suffering shareholders and for its global HQ in Bermuda.

But I’ve been watching the events in Haiti, and, to be honest, the news of XL getting its EU passport seems to pale into insignificance. (more…)