Aircraft with a value of $8bn on the ground at Dubai’s airport were at risk of damage during unprecedente...
Arctic Blast 2024
Unfortunately, the insurance industry is no stranger to winter storm losses. In fact, losses have totalled over $40B over the last ten years for the insurance industry....
Unfortunately, the insurance industry is no stranger to winter storm losses. In fact, losses have totalled over $40B over the last ten years for the insurance industry....
Article / 4 months ago
2023 U.S. Weather Extremes Summary in Charts and Maps
U.S. insurance losses tend to drive 64% of the worldwide overall insurance industry losses experienced in any given year....
U.S. insurance losses tend to drive 64% of the worldwide overall insurance industry losses experienced in any given year....
Article / 4 months ago
BMS Tropical Update 08/31/2023
Hurricane Idalia made landfall in the Big Bend of Florida with max winds of 125 mph....
Hurricane Idalia made landfall in the Big Bend of Florida with max winds of 125 mph....
Article / 8 months ago
BMS Tropical Update 09/28/2022
No matter how quiet or active a hurricane season is, it only takes one storm in the wrong place to create a memorable catastrophe...
No matter how quiet or active a hurricane season is, it only takes one storm in the wrong place to create a memorable catastrophe...
Article / 2 years ago
BMS Tropical Update 09/27/2022
Ian went from a high-end Category 2 hurricane with winds of 110 mph at 2 am to a high-end Category 3 hurricane with winds of 125 mph at 5 am, with an official landfall southwest of Pinar Del Rio, Cuba
Ian went from a high-end Category 2 hurricane with winds of 110 mph at 2 am to a high-end Category 3 hurricane with winds of 125 mph at 5 am, with an official landfall southwest of Pinar Del Rio, Cuba
Article / 2 years ago
The Antsyness Around Spring - Severe Weather Update
Much of the Northern Hemisphere eagerly awaits the spring, which officially commenced on Sunday - or at least our BMS Re Minnesota office certainly does. However, in general, the insurance industry...
Much of the Northern Hemisphere eagerly awaits the spring, which officially commenced on Sunday - or at least our BMS Re Minnesota office certainly does. However, in general, the insurance industry...
Article / 2 years ago
A December To Remember - Severe Weather Update
Five days after an out-of-season historic severe weather outbreak tore up parts of Arkansas, Tennessee, Missouri, Illinois, and Kentucky with long tracking tornadoes, another explosive...
Five days after an out-of-season historic severe weather outbreak tore up parts of Arkansas, Tennessee, Missouri, Illinois, and Kentucky with long tracking tornadoes, another explosive...
Article / 2 years ago
BMS Tropical Update 09/14/2021
In the BMS tropical update on August 30th, it was mentioned that as Ida exited the East Coast of the U.S., there did not appear to be any new storm activity that would impact the U.S...
In the BMS tropical update on August 30th, it was mentioned that as Ida exited the East Coast of the U.S., there did not appear to be any new storm activity that would impact the U.S...
Article / 3 years ago