About Emily Holbrook

Emily Holbrook is a former editor of the Risk Management Monitor and Risk Management magazine. You can read more of her writing at EmilyHolbrook.com.
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Storm Summary 4

Welcome to the fourth “Storm Summary” post of the hurricane season. Each Friday from now until the official end of the season (November 30) I will post an update on past and present storms, like the following:

NAME PEAK STATUS DATE LOCATION DAMAGE
Ana TD 28-May Mid Atlantic None
Blanca TS 7/6 to 7/8 East Pacific None
Carlos Cat. 2 7/10 to 7/16 East Pacific None
Dolores TS 7/15 to 7/17 East Pacific None
Enrique TS 8/4 to 8/7 East Pacific None
Felicia Cat.  4 8/3 to present East Pacific None
Guillermo Cat. 1 8/13 to present East Pacific None

Hurricane Guillermo formed overnight in the Pacific Ocean, making it the sixth named storm to form in that region. The National Hurricane Center expects Guillermo to strengthen today and weaken Saturday as it heads over cooler waters.

What seems like constant storm activity in the Pacific is due, in part, to El Niño, which is “the periodic warming of central and eastern tropical Pacific waters [that] occurs on average every two to five years and typically lasts about 12 months.” Although most people think of this phenomenon in negative terms for the damage it can spur on the West Coast, it is actually beneficial to the East Coast/Gulf Coast in the sense that warmer waters in the Pacific usually create conditions that suppress Atlantic hurricanes. Why exactly this occurs is not something I’m qualified to explain but, as I recall, it has something to do with warm and cool air mixing in a different way and creating a “wind shear” that helps prevent storms from developing. The International Research Institute for Climate and Society can probably explain it better.

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As the Pacific hurricane season rages on, the Atlantic has remained relatively calm.

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For constant, up-to-date storm information, visit NOAA. And for breaking information on the insured losses the storms create, check out the Insurance Information Institute and the Insurance Services Office.

Most importantly, don’t forget to check back next Friday for our fifth “Storm Summary” installment.

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Costa Rican President Diagnosed With H1N1

There is yet another victim of the H1N1 virus (swine flu), but this time it’s a head of state.

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Costa Rican President Oscar Arias has been diagnosed with the highly contagious illness. Though Arias (an asthma sufferer) has stated that he feels fine apart from a sore throat and fever, doctors are keeping a close eye on him since those who are infected with H1N1 and have other medical conditions are most susceptible to complications.

The WHO has reported 162,380 confirmed cases of H1N1 and 1,154 deaths worldwide.

Arias hopes to return to work within a week.

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Japan, Indian Ocean Hit By Strong Earthquakes

Asia is, yet again, the victim of a natural catastrophe — this time in the form of two earthquakes.

A magnitude 7.6 earthquake hit the Indian Ocean in the early morning hours, prompting a tsunami watch that has now been lifted. Then, at 5:07 a.m. a magnitude 6.6 earthquake struck about 90 miles southwest of Tokyo, killing at least one and injuring close to 100. 

This comes on the heels of Typhoon Morakot, which produced deadly mudslides in China and Taiwan that have left hundreds of residents unaccounted for.

In Pengxi, a mountain-ringed town in coastal China about 270 miles southwest of Shanghai, a landslide buried six four-story apartment buildings as residents slept at 10:30 p.m. Monday, local time. Rescuers pulled four survivors and two bodies from the debris, but were unable to say how many others were missing.

As if that wasn’t enough for Asia, Japan is still reeling from the effects of Typhoon Etau, which struck the country’s west coast on Monday, killing 13 and leaving 10 others missing.

Asia is no stranger to natural catastrophes. The Insurance Information Institute lists the ten deadliest world catastrophes in 2008, with a concentration of them in Asia.

  1. May 2 Myanmar (Burma), Bay of Bengal Cyclone Nargis devastates Irrawaddy and Yangon Divisions; floods (deaths: 138,373)
  2. May 12 China Sichuan Earthquake (magnitude 7.9), aftershocks (deaths: 87,449)
  3. Jun. 19 Philippines, China, South China Sea Typhoon Fengshen/No. 6, winds up to 140 km/h, heavy rain (deaths: 1,413)
  4. Jan. 5 Afghanistan Heavy snowfall (deaths: 1,300)
  5. Jun. 10 India Floods caused by monsoon rain (deaths: 950)
  6. Sep. 1 Haiti, Turks and Caicos Island et al. Hurricane Hanna, winds up to 130 km/h, floods (deaths: 500)
  7. Nov. 28 Nigeria Clashes over disputed election results (deaths: 300)
  8. Oct. 29 Pakistan Earthquake (magnitude 6.4), aftershock (magnitude 6.2) (deaths: 300)
  9. Dec. 18 Bay of Bengal, Myanmar (Burma) Boats carrying illegal immigrants disappear (deaths: 275)
  10. Sep. 8 China Mudslide causes dam to burst at Tashan ore mine (deaths: 271)

As a 2009 SwissRe report states:

Many governments in Asia face significant financial risks when  catastrophes occur. Given the rapid development of income and wealth in Asia, the financial exposures will swiftly rise. This is likely to increase the focus on prevention and ex-post disaster management. It will also give rise to the development of insurance as a tool to cope with the financial consequences of catastrophes. It is expected therefore, that in Asia, insurance will play a more important role in the future  than it does today.

It is evident that Asia’s need for comprehensive natural catastrophe insurance is only increasing, as the continent’s population and level of wealth show no signs of slowing down.

Storm Summary 3

Welcome to the third “Storm Summary” post of the hurricane season. Each Friday from now until the official end of the season (November 30) I will post an update on past and present storms, like the following:

NAME PEAK STATUS DATE LOCATION DAMAGE
Ana TD 28-May Mid Atlantic None
Blanca TS 7/6 to 7/8 East Pacific None
Carlos Cat. 2 7/10 to 7/16 East Pacific None
Dolores TS 7/15 to 7/17 East Pacific None
Enrique TS 8/4 to present East Pacific None
Felicia Cat.  4 8/3 to present East Pacific None

Hurricane Felicia (now a category 3) and the recently downgraded tropical depression Enrique are dangerously close together in the Eastern Pacific waters, not far from Hawaii. Meteorologists fear Felicia may overtake Enrique, adding even more strength to the already massive storm. Island residents are preparing for the worst.

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What seems like constant storm activity in the Pacific is due, in part, to El Niño, which is “the periodic warming of central and eastern tropical Pacific waters [that] occurs on average every two to five years and typically lasts about 12 months.” Although most people think of this phenomenon in negative terms for the damage it can spur on the West Coast, it is actually beneficial to the East Coast/Gulf Coast in the sense that warmer waters in the Pacific usually create conditions that suppress Atlantic hurricanes. Why exactly this occurs is not something I’m qualified to explain but, as I recall, it has something to do with warm and cool air mixing in a different way and creating a “wind shear” that helps prevent storms from developing.

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The International Research Institute for Climate and Society can probably explain it better.

As the Pacific hurricane season rages on, the Atlantic has remained relatively calm.

For constant, up-to-date storm information, visit NOAA. And for breaking information on the insured losses the storms create, check out the Insurance Information Institute and the Insurance Services Office.

Most importantly, don’t forget to check back next Friday for our fourth “Storm Summary” installment.

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