Artemis
Editorial
May 17, 2012
At least once every year the Florida Hurricane Catastrophe Fund hits the headlines as people discuss the lack of financing the fund has to cope with an extremely severe Atlantic hurricane season. In 2012 this hasn’t changed, its’ still thought that the cat fund could only cope with two reasonably sized landfalling hurricanes and if one was to strike Miami head-on and at full strength then it’s probable that a single storm would be enough to wipe out all of the cat funds finances…
To read the rest of this story, go to:
http://www.artemis.bm/blog/2012/05/17/florida-hurricane-catastrophe-fund-still-facing-shortfall/
