Reinsurer warning – 2023 US hurricane season offered “worrying glimpse” of what could come

Reinsurer warning – 2023 US hurricane season offered “worrying glimpse” of what could come

“One relatively subdued North American season doesn’t signal that the environment has become more benign, or that it’s time for a market softening,” Turner said. “In fact, this season offered a worrying glimpse of what could be to come. Record high sea temperatures in the north Atlantic contributed to the rapid intensification of storms. Idalia, for example, surged from 75mph to 130mph in 24 hours.”

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