Twelve Capital Event Update – 21 June 2021

icn-dark-hurricane21 June 2021

Currently there are no active systems on the Atlantic expected to develop into a Hurricane in the near future. Tropical Depression Claudette, the third named system of the year, is currently moving across the Carolinas, where tropical storm warnings are in place, before moving out to sea. Twelve Capital does not envisage any impact on the ILS market, as this system only caused minimal local damage.

Twelve Capital continues to closely monitor any catastrophe events and will issue specific updates on any relevant new major events which occur.