Thank you for visiting Alpha. You have now logged out.

To access the Alpha Private Client Area please login above with your username and password.

If you wish to register with us please contact:

Alpha Insurance Analysts Ltd, 107 Fenchurch Street London EC3M 5JF

T: 020 7767 3420 E:

Login Required

The Market News articles are for registered members only. Please input your email and provided password within the client login box at the top right of this page to view our articles in full.

Alternatively you can register for access to our Market News from HERE.

Forgotten Passwords

If you have forgotten your password please click HERE

or contact us below:

Tel: 020 7767 3433
Fax: 020 7022 8781

Thank you!
Alpha Insurance Analysts Ltd

Notice: Undefined index: client_login_id in /var/www/vhosts/ on line 58

Notice: Undefined variable: user_data in /var/www/vhosts/ on line 76

Notice: Trying to get property 'firstname' of non-object in /var/www/vhosts/ on line 76
to the Alpha Private Client Area.

Click on the Private Client Area icon to view information relating to your personal underwriting through Alpha.

Visit Market News to read Alpha’s commentary on events and listen to audio files of Alpha meetings and other events on Diary Dates.

Hurricane Henri yesterday weakened to a tropical storm (with gusts of up to 60-70 mph), before making landfall in Rhode Island on the eastern seaboard of the United States. There have been numerous reports of loss of power and flash flooding across New York (including record rainfall in parts of Manhattan and Brooklyn), New Jersey and Connecticut. Further heavy rainfall and flooding is expected today and tomorrow along the north-eastern seaboard. The fact that Henri was downgraded to a tropical storm before making landfall will reduce the overall insurance cost of the storm, given that Henri will be more of a water than wind event as a result. In addition, the National Flood Insurance Program (NFIP) is likely to meet a proportion of any losses.

Alpha comment: Although the nature of flood damage and the continued heavy rain makes it hard to provide a loss estimate at this stage (early estimates are for a low single-digit dollar loss event), it is certain that the lower windspeeds will have reduced the overall level of insured losses – and, with what we know to date, we are unlikely to see a repeat of Hurricane Sandy which struck New York in 2012 and where the losses were in the tens of billions of dollars.