Twelve Capital Event Update – 21 August 2021
21 August 2021Hurricane Grace (near Mexico) and Tropical Storm Henri (on the way towards Long Island) are expected to make landfall this weekend and are both stronger than predicted until a few hours ago. Yet, at this stage Twelve Capital does not expect any impact on its ILS funds, even though Henri might cause some attachment erosion across several indemnity transactions.
Twelve Capital continues to closely monitor any catastrophe events and will issue specific updates on any relevant new major events that occur.
