Atlantic Basin News

After emerging from an unusually active hurricane season with market-beating returns, catastrophe bonds are rapidly adding investors. Despite the increase in extreme weather — 2024 marked the ninth straight season in which the Atlantic basin suffered above-average storm activity — …

CABO SAN LUCAS, Mexico — Hurricane Genevieve lost some of its punch Thursday even as it lashed Mexico’s Los Cabos tourist resorts with hurricane-force gusts and heavy rains. And two storms formed in the Atlantic Basin — both on potential …