As any TV forecaster knows, predicting the weather can be fraught with inaccuracies, especially for forecasts that look out a week or more ahead. Even esteemed forecasting agencies and meteorological organizations, whose predictions about hurricanes were compiled by catastrophe risk modelling company Risk Management Solutions (RMS) in its annual outlook on the North Atlantic hurricane season, can change their expectations on a dime based on evolving conditions in the winds and waters.
For example, just one hour before their conversation with Insurance Business, RMS experts received a revised hurricane forecast from Colorado State University for the upcoming season. Nonetheless, the forecasts more broadly are still pointing to a less intense hurricane season than the US witnessed in 2017.
You've reached your limit - Register for free now for unlimited access
To read the full story, and get unlimited access to Insurance Business website content, just register for free now. GET STARTED HERE
Already a website member? Log in below.