Twelve Capital Event Update

There is a system developing in the central tropical Atlantic, approximately 2’500km east of Barbados. The system is expected to develop into a depression and then likely into a tropical storm in the next few days. The system is moving westward at approximately 30km/h, but predictions of its path have a lot of uncertainty so it will be monitored closely as it develops over the course of the week.

Finally, there is a disturbance forming off the west coast of Africa, which will be monitored should it develop further.

Twelve Capital continues to closely monitor relevant potential and actual catastrophe events and will issue specific updates on new major events which occur.