In a Sunday update, Andrew Siffert, reinsurance broker BMS Re's Senior Meteorologist, has said that, based on the latest forecasts and with Beryl taking longer to regain hurricane status, after weakening to a tropical storm overnight, the insurance indus… Read on blog or Reader Artemis.bm - The Catastrophe Bond, Insurance Linked Securities & Investment, Reinsurance Capital, Alternative Risk Transfer and Weather Risk Management site Read on blog or Reader Current forecasts suggest limited reinsurance loss from Beryl landfall in Texas: BMS' Siffert By Steve Evans on 6th July 2024 In a Sunday update, Andrew Siffert, reinsurance broker BMS Re's Senior Meteorologist, has said that, based on the latest forecasts and with Beryl taking longer to regain hurricane status, after weakening to a tropical storm overnight, the insurance industry loss from the storm could be largely retained in the primary market, without too much reinsurance impact. Continue reading

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