Twelve Capital Event Update

icn-dark-hurricane1 June 2022

Twelve Capital is once again issuing regular event updates following the official commencement of the 2022 Atlantic Hurricane Season. 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 be issued.

The 2022 season is predicted to have slightly “above-normal” activity, like in most recent years, you can see below the predictions from a number of institutions:

Named Storms Hurricanes Major Hurricanes*
1991 – 2020 Average 14 7 3
Colorado State University 19 9 4
NOAA 14 – 21 6 – 10 3 – 6
Tropical Storm Risk 18 8 4

Along with our climate-tech partner reask, Twelve Capital will be releasing a hurricane season forecast review shortly.

There are currently no active storms in the Atlantic Basin, but there is the potential for Hurricane Agatha to cross over Mexico from the Eastern Pacific into the Gulf of Mexico and re-strengthen where it would become Hurricane Alex, the first of the season in the Atlantic.

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

* A Major Hurricane is that of Category 3 and above. These predictions do not make any assessment of landfall probability.