The upcoming hurricane season "looks very average," according to an assessment by an atmospheric physicist released yesterday.

That forecast came from Steve Smith, senior vice president at Chicago-based ReAdvisory, a service of Carvill, the specialty reinsurance intermediary.

While many meteorologists have determined this hurricane season will be active–with the Tropical Meteorology Project projecting the chances of a massive hurricane reaching the U.S. coast to be around 82 percent, about 30 percentage points higher than average–Dr. Smith sees the current season in line with the 1971-2000 seasons.

Continue Reading for Free

Register and gain access to:

  • Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.