Hurricane Patricia Archives - Carrier Management

Mexico Cat Bond Likely to Pay on Hurricane Patricia Losses: S&P

Bonds sold by Mexico to shield it from the cost of repairing hurricane damage are closer to paying out after the biggest storm ever measured in the Americas struck the country last month, Standard ...

Hurricane Patricia May Hit Mexico Cat Bond

Mexico's natural disaster fund may be $100 million better off at bondholders' expense after Hurricane Patricia appeared to trigger a catastrophe bond the country sold in 2012. Investors in those ...

Texas Hurricane Patricia Losses Could Be Billions; Mexico Spared

Damage from Patricia, the strongest hurricane ever measured in the Western Hemisphere, may cost the U.S. billions due to floods after the storm spared the largest cities in Mexico. Flooding in Texas ...

Texas Pounded by Hurricane Patricia

A powerful storm system rumbled through Texas on Saturday, flooding roads and causing a freight train to derail as parts of the state braced for the remnants of Hurricane Patricia to arrive. Many ...

Why Hurricane Patricia Didn’t Cause More Damage in Mexico

(Carrier Management updates AP analysis with RMS and AIR Worldwide statements) Remarkably little damage was reported in the wake of Hurricane Patricia, which hit Mexico after peaking Friday as the ...

Mexico Escapes Major Damage from Hurricane Patricia

Only a day after menacing Mexico as one of history's strongest storms, Hurricane Patricia left apparently little damage Saturday as the once-fearsome system spun inland and quickly weakened to a ...