Twelve Capital is once again issuing regular event updates following the official commencement of the 2021 Atlantic Hurricane Season on 1 June 2021. Initially updates will be provided every second week, increasing to a weekly schedule during the peak of the season. In the event of significant developments, ad-hoc updates will also be issued.
The 2021 Atlantic Hurricane Season started early with Storm Ana forming on 23 May 2021 in the middle of the Atlantic, and dissipating shortly after formation. As its path did not cross any populated landmasses, this event is not expected to have any impact on the ILS market.
There are currently no active storms in the Atlantic Basin and no hurricane formation is expected in the next five days.
As always, Twelve Capital continues to closely monitor any catastrophe events and will issue specific updates on any relevant new major events which occur.