By John Cooper ,
Global Chief Client Officer, Energy & Power, Marsh Specialty
30/04/2022 · 42 sec read
By John Cooper ,
Global Chief Client Officer, Energy & Power, Marsh Specialty
30/04/2022 · 42 sec read
The TSR forecast has risen slightly since December 2021 due to the current La Niña conditions, expected to persist through July to September. These conditions favour reduced trade wind strength, increased vorticity, and lower vertical wind shear over the tropical North Atlantic and Caribbean Sea where hurricanes form. Despite the expectation for a moderately active hurricane season, forecasters remain uncertain about a number of factors. These include in the forecast strength of El Niño Southern Oscillation, the strength of the North Atlantic Oscillation through spring, and how warm the tropical Atlantic will be in August/September.
The chart below plots April predictions against the long-term (72 years, since records began) and 10-year averages.
Source: Tropical Storm Risk, Colorado State University, Marsh
Article
26/10/2021
LCPA: 21/217
“Marsh Pty Ltd (ABN 86 004 651 512, AFSL 238983) (“Marsh”) arrange this insurance and is not the insurer. The Discretionary Trust Arrangement is issued by the Trustee, JLT Group Services Pty Ltd (ABN 26 004 485 214, AFSL 417964) (“JGS”). JGS is part of the Marsh group of companies. Any advice in relation to the Discretionary Trust Arrangement is provided by JLT Risk Solutions Pty Ltd (ABN 69 009 098 864, AFSL 226827) which is a related entity of Marsh. The cover provided by the Discretionary Trust Arrangement is subject to the Trustee’s discretion and/or the relevant policy terms, conditions and exclusions. This website contains general information, does not take into account your individual objectives, financial situation or needs and may not suit your personal circumstances. For full details of the terms, conditions and limitations of the covers and before making any decision about whether to acquire a product, refer to the specific policy wordings and/or Product Disclosure Statements available from JLT Risk Solutions on request. Full information can be found in the JLT Risk Solutions Financial Services Guide.”