By; Caribbean Business Report
Despite a 25 percent decline in activity being forecasted for the 2023 North Atlantic hurricane season, Sagicor is warning everyone not to be complacent in their preparations for the impact
of any potential weather systems that may make landfall over the coming weeks and months. In its May 31st hurricane season forecast update, Tropical Storm Risk (TSR) states that activity
this hurricane season is forecast to be around 25 per cent below the 1991-2020 30-year norm, maintaining their previous forecast published earlier in April.
The report stated, that despite the anticipation of a season with below-norm activity, “this outlook has large uncertainties and the forecast skill at this range is low”, a caution that any change
in conditions could result in a much different outcome over the course of the June 1st to November 30 th season.
SGI’s Vice President – Insurance Operations, Mark Prescott, echoed the TSR’s underlying caution, and reiterated his annual plea to St Lucians and all Sagicor policyholders, “Check your roofs, windows, doors and the walls of your property for, and repair any cracks or weak areas. If indeed your home is damaged by a storm, we will be there to provide the financial and emotional support our clients need to get things back in order, however, by reducing the potential for damage through repairing or reinforcing key areas, any discomfort to you and your family can be significantly minimized.”
The experienced insurance executive also encouraged all property owners and renters to make a detailed list of their possessions and valuables and seriously consider taking out a contents insurance package to cover any potential damage or destruction that could be caused by a storm, hurricane, or seasonal flooding.