Filed Under:Agent Broker, E&S/Specialty Business

Forecasters Reduce Hurricane Season Outlook; Still Expect Above Average Activity

Two updated forecasts for the 2013 Atlantic Hurricane Season slightly reduce the number of named storms expected this year, but there is no change in outlook for another above-average season.

The National Hurricane Center released its August update calling for an above average hurricane season of 13-19 named storms, including 7-9 hurricanes and 3-5 major hurricanes. In May, NHC forecast 13-20 named storms, including 7-11 hurricanes and 3-6 major hurricanes. The weather service says there is a 70 percent probability of each of the ranges of activity.

Factors causing the increased intensity are reduced trade winds over the Caribbean Sea and the tropical North Atlantic through September, which will influence cyclone activity in the Atlantic. Also, forecasters expect Atlantic sea surface temperatures to be slightly above normal.

Aon Benfield’s research unit Tropical Storm Risk (TSR) slightly reduced its prediction to 15 named storms, seven hurricanes and three major hurricanes. 

In June, TSR predicted 16 named storms, eight hurricanes and three major hurricanes this season. Still, the season is poised to be stronger than the historic norm.

TSR says an average year produces 11 named storms, six hurricanes and three Category 3 and above hurricanes of sustained winds of 111 mph or higher on the Saffir-Simpson Scale. TSR scientists project that there is about a 50 percent probability the 2013 Atlantic Hurricane Season Accumulated Cyclone Energy (ACE) Index will be above-average, a 41 percent likelihood it will be near-normal, and a 10 percent chance it will be below-normal.

To date, four named storms have popped up in the Atlantic reaching tropical storm status and doing little damage. 

Top Story

8 best practices for claims litigation management

The difference in successful claims litigation management is the way the organization handles its legal matters and how everyone involved works together.

Top Story

The 10 U.S. states with the cheapest auto insurance rates

If you're lucky enough to live in one of these 10 U.S. states, you're paying the lowest premiums in the nation.

More Resources

Comments

eNewsletter Sign Up

Specialty Markets Insight eNewsletter

Receive updates and analyses on hard to place and challenging coverages. Sign Up Now!

Mobile Phone
         

Advertisement. Closing in 15 seconds.