…RAYMOND FORMS OFF THE COAST OF SOUTHWESTERN MEXICO… As of 12:00 PM CST Thu Oct 09 the center of Raymond was located near 16.1, -101.0 with movement WNW at 14 mph. The minimum central pressure was 1002 mb with maximum sustained winds of about 45 mph.

Major Losses
Reinsurers expected to shoulder most of $200m loss from Hong Kong fire: AM Best
According to ratings agency AM Best, a material portion of the gross incurred loss, which may exceed $200 million from the deadly Hong Kong apartment


