Tropical Storm Beryl moving through the Atlantic Ocean

Tropical Storm Beryl moving through the Atlantic Ocean

Tropical Storm Beryl moving through the Atlantic Ocean

New tropical storm Tropical Storm Chris, which officially became a named storm at 5 a.m. Sunday, will linger off the North Carolina coastline, slowly gaining strength over the next two days. The storm poses no threat to land, but forecasters expect it to become a hurricane on Monday.

While the forecast for tropical storm and hurricane activity levels in the Atlantic have diminished, storm numbers alone do not really matter as it is the intensity of any storms that form, as well as where they are steered towards that drives the potential for insurance, reinsurance and ILS or catastrophe bond market losses.

The next hurricane advisory is scheduled for 5 p.m. Sunday.

More than nine months after Hurricane Maria, about 1,500 people in Puerto Rico are without power on the island; about 60,000 have only tarps for roofs.

Meteorologists estimate there will be four hurricanes, 10 named storms and one major hurricane this season. Tropical storm watches were in place in Barbados, St. Lucia, Martinique, St. Martin, St. Barthelemy, Saba and St. Eustatius, according to the hurricane center. It made landfall on the Florida Panhandle as a subtropical storm and ushered drenching rains across states in the South and Midwest.

While the storm was still categorized as Tropical Depression 3 on Saturday, a man died when he was caught in rough surf on a beach on North Carolina.

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By the time Beryl reaches near Puerto Rico, the storm is likely to have weakened into a tropical depression.

As it still moves over warmer waters, Chris will likely reach Category 1 hurricane strength with maximum winds upwards of 75 miles per hour.

Swells generated by the system were expected to increase and affect portions of the coasts of North Carolina and the Mid-Atlantic states into early next week, forecasters said, and rip current conditions may be possible.

Off the U.S. East Coast, Tropical Storm Chris was centred about 180 miles (290 kilometres) south-southeast of Cape Hatteras, with maximum sustained winds of 50 mph (85 kph).

In explaining the changed forecast, they note that the tropical Atlantic is much colder than normal.

It said Beryl could reform into a tropical cyclone in a few days when its remnants are forecast to move through the Bahamas.

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