image credit: Adobe Stock

Munich Re warns of ‘exceptionally active’ hurricane season

June 1, 2022

Munich Re is warning that this year’s hurricane season could be ‘exceptionally active’ in a new outlook just posted on its website.

The reinsurance giant said that the main phase of the hurricane season, which is due to start in coming weeks, is likely to be characterised by climatic conditions favourable for storm formation over the North Atlantic. The last such string of years, said Munich Re, with these La Niña conditions was in 1998-2000.

Read More on Reinsurance News