Home (re) Insurance Latin America 2026 Atlantic Hurricane Season: Forecast, Risks and Market Preparedness

2026 Atlantic Hurricane Season: Forecast, Risks and Market Preparedness

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The 2026 Atlantic hurricane season is approaching amid continued attention from the insurance and reinsurance market across the Caribbean and Central America.

Photo Source: Advanta

According to forecasts published on 9 April 2026 by the Departmentof Atmospheric Science at Colorado State University, the seasonis expected to be slightly below the historical average, with 13 named storms forecast in the Atlantic basin, compared with thelong-term average of 14. Of these, 6 are expected to develop into hurricanes, including 2 major hurricanes reaching Category 3 or above.

Photo source: Advanta

While the overall forecast points towards a moderately activeseason, the potential for severe events across the Caribbean regionremains significant. The influence of El Niño is expected to play an important role in shaping weather activity during the periodbetween June and November 2026.

A changing CAT environment

In recent years, the market has continued to experience the increasing impact of natural catastrophe events, not only in terms of frequency but also severity and complexity. For insurers, reinsurers, brokers, and insureds, preparedness and rapid response capabilities remain essential.

From windstorm and flood damage to widespread business interruption losses, hurricane events continue to test operationalresilience across multiple sectors, including:

  • Property
  • Energy
  • Hospitality
  • Infrastructure
  • Marine and logistics

 

Photo source: Advanta

Advanta’s CAT response capabilities

Advanta brings extensive global experience in managing major natural catastrophe (NatCat) losses. Recently, the firm has played akey role in loss assessments following severe storms and floodingin Spain, extraordinary rainfall events and resulting damage inthe Middle East, as well as earthquakes and hurricanes acrossthe Caribbean Basin and throughout Central and South America. Over the years, Advanta’s teams have consistently supported theinsurance market during some of the most significant catastrophicevents affecting these regions.

Our contingency planning and coordinated CAT response structureallow us to mobilise quickly and efficiently across affectedterritories, supported by:

  • A global network of offices and specialist resources
  • Experienced adjusters and technical providers
  • Adapted technological platforms
  • Coordinated regional and international support teams

This structure enables us to respond promptly to high volumes of claims while maintaining technical quality and service standardsacross all regions.

Regional Contact Points

To ensure a rapid and coordinated response throughout the hurricane season, Advanta’s key regional representatives remain available to support insurers, reinsurers, brokers, and clients across the different regions, South America, Caribbean, Central America and other regions.

Our teams across the region are fully prepared to assistwith claims coordination, loss assessment, CAT response planning, and operational support, backed by Advanta’s global network and technical expertise.

For any enquiries or assistance related to CAT events duringthe 2026 hurricane season, please feel free to contact our regional representatives:

José Miguel Varela

Executive Director

Tel: +1 786 369 5151

Mob: +1 305 794 5643

[email protected]

 

Gustavo Rodríguez

Senior Loss Adjuster

Tel: +1 786 369 5151

Mob: +1 786 362 2058

[email protected]

 

Commitment to the market

At Advanta, our objective remains clear: to support insurers andreinsurers with responsive, technically robust, and coordinatedclaims management solutions during catastrophic events.

As the 2026 hurricane season approaches, preparedness, communication, and operational coordination will remain critical across the market.

 

Related articles:

New Technologies take on pivotal value in the adjustment of claims due to Nat Cat loss events

The new technologies are seen as allies following Nat Cat loss events

A Contingency Plan Stress Test by ADVANTA

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