Atlantic to see stormy 2004

Hurricane activity in the Atlantic will be above average in 2004, according to the latest forecast from the Tropical Storm Risk (TSR) service at the Benfield Hazard Research Centre.

TSR claims that activity will be 140% of the average. It predicts that there will be 13.3 tropical storms in 2004, up from the average of 9.9, 7.2 hurricanes, up from the average of 6 and 2.9 intense

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ABI insists fire safety scheme is temporary

Mervyn Skeet, the Association of British Insurers’ director of general insurance, has outlined how the trade body will ensure the Fire Safety Reinsurance Scheme will only last three to five years, and how it will should end criticism of brokers earning commission for arranging cover.

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