At the end of 2024, how many Atlantic hurricane names will be retired for that season?
Mini
17
Ṁ1900
Jan 1
0.3%
0
0.6%
1
5%
2
24%
3
70%
4 or more
Get
Ṁ1,000
and
S1.00
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this market is likely overestimating the number of retired names:

it's unlikely that debby and francine will be retired; there's strong precedent for storms that hit the US with damage in the low billions of dollars and with casualties of ~10 people not being retired

see Sally or Idalia for examples

with that, I'm thinking we have two retired names (Beryl and Helene) and a potential third one on the way (Milton) if the worst case scenario plays out

@JustinThein tldr we're at 2, not 4

@JustinThein This should be trivial for me to calculate some statistics but it will have to wait until tomorrow.

bought Ṁ5 4 or more YES

Per wikipedia Debby, Beryl each have estimated economic damages in the billions. That puts the current expected total of retired hurricane names to 2; it's possible to retire tropical storm names but the question title specifically mentions hurricanes so I am not going to consider those. I am assuming this market will count Atlantic and Hurricane names landfalling along the Gulf coast under the category of 'Atlantic'.

Purely climatologically I expect 50% chance of no more landfalling hurricanes along the Gulf or Atlantic Coast, 35% of 1 more, and 15% of 2 or more. It's a very sketchy proxy but I'll use that for rough probabilities.

bought Ṁ20 3 YES

Francine's economic toll will probably also be in the billions based on its intensity and track... bringing the total up to 3... This is just a guess however..

bought Ṁ200 4 or more YES

forgot to update, but with Helene this will likely make it at least 4

reposted

first one this year - beryl

reposted

bump

reposted

bump

Edit oops thought it said 2023