TSR has raised its forecast issued in December and predicts North Atlantic hurricane activity in 2024 will be hyper-active and around 70% above the 1991-2020 30-year norm. This forecast has higher confidence than normal at this lead time.
Although some uncertainties remain, we consider that the more likely scenario is for tropical North Atlantic and Caribbean Sea waters to be warmer than normal by August-September 2024, and for moderate La Niña conditions to develop and persist through August-September 2024 and into the autumn.
These two factors are both expected to have a strong enhancing influence on the upcoming Atlantic hurricane season.
As reported in Wall Street Journal, The Insurer, Intelligent Insurer, Insurance Insider, Newsweek and Insurance Day
To download the full TSR report, visit – https://www.tropicalstormrisk.com/docs/TSRATLForecastApril2024.pdf
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