Financial Services Industry
Industry: Email Alert RSS FeedHurricane forecasters predict active season.(NATIONAL REPORT)
Claims, May, 2005
Hurricane activity in the Atlantic Basin again will be above average this year, according to forecasting teams from North America and the United Kingdom.
"Based on current and projected climate signals, Atlantic basin and U.S. landfalling tropical cyclone activity are forecast to be about 160 percent of average in 2005," said Mark Saunders and Adam Lea, with Tropical Storm Risk.com, based at University College London. The team is predicting an 80 percent probability that the 2005 Atlantic hurricane season will be above average and a 70 percent chance of an above average number of storms making landfall in the United States.
The factors underlying TSR's prediction are the forecast July through September trade wind speed over the Caribbean and tropical...
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