The hurricane season in the Atlantic basin officially starts on June 1, with forecasters expecting an above-average frequency of storms that will become “wetter and more intense, causing more physical damage”, catastrophe risk experts from Allianz Global Corporate & Specialty (AGCS) and Allianz Re have warned.
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Allianz, Annual Hurricane Season, Storm Frequency, Above Average, Forecasting, Catastrophe Risk, Global, Insurance, Reinsurance