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AXIS Capital Holdings Limited (NYSE:AXS) Q3 2023 Earnings Call Transcript

Operator: Hello and welcome to the Third Quarter 2023 AXIS Capital Earnings Call. All participants will be in listen only-mode.

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Transcripts for BBCNEWS The Context 20240604 19:02:00

With strong winds and some flooding rain as tropical storm dalia passed just to the west. and we can take a look at idalia on the satellite picture. since moving past western cuba and heading into the gulf, it s actually strengthened and is now a hurricane. and one of the big worries about hurricane idalia is, as it works into the gulf, it s going to be working across incredibly warm seas where temperatures across the board in the gulf of mexico are above average, but particularly close to the coast of the united states, where sea temperatures around two or three degrees above average. and it s those warm seas that powers these hurricanes is likely to lead to a period of rapid intensification for hurricane dalia. now, at its peak, this storm is likely to have winds of 120 miles an hour with stronger gusts up to 150 miles an hour. landfall expected on wednesday in the northwest of florida. flooding rain, 300 millimetres in places and as well as that, a big storm surge two to four metres

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Transcripts for BBCNEWS Newsday 20240604 23:25:00

Thousands were displaced. recovery has taken years. so as hurricanes approach in the future, they are more likely to wreak havoc and impact notjust coastal communities, but those further inland as well. and let s show you some live pictures from florida where hurricane idalia is set to make landfall. we have a life page so do check that out as well, i ll be back with business news shortly but for now, thank you so much for watching newsday. hello. 0n the other side of the atlantic, a major weather story is going to be developing during wednesday because florida is bracing for the arrival of hurricane dalia.

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Transcripts for BBCNEWS Newsday 20240604 23:23:00

Way in 28 counties as hurricane dalia approaches. hurricanes making landfall in the us has not increased, but warming ocean has contributed to storms in the atlantic over the years. hurricanes. some of the most powerful and damaging tropical storms have hit the us and just the last couple of decades. does that mean they are getting worse? well if frequency is any measure of how bad they become, then no. the sheer number of hurricanes hasn t increased, but overall the storms are getting stronger. number of category three, four, and five hurricanes, the most intense, is on the rise. that is making these storms more costly and

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