40% chance of storm passing Gulf spill by end of August: RMS

bp-oil-spill

RMS suggested there is just over a 15% chance that a tropical storm or hurricane will pass within 100 miles of the Macondo oil well before the end of July, rising to more than 40% by the end of August, requiring precautionary evacuation of the replacement drilling platform and surface oil recovery vessels.

RMS analysis also indicates that in an active hurricane season - as is predicted for 2010 - there is around a 13% probability that a hurricane will pass directly over the current extent of the Gulf of

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Insurers struggle to fill IT and data job vacancies laid bare

Roles that are critical to core insurance operations are still heavily concentrated in London, plus providers are struggling to fill their IT and data roles, data analysis produced by Michael Stefan, partner at executive recruitment firm Hanover, has revealed.

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