Update 2 on Hurricane Nate
Entropics has during the day performed simulations of the potential impact. With the latest data sets available to us, these simulations do not show any portfolio loss, provided that current forecasts hold.
The hurricane has continued to strengthen and is currently a Category 1 storm, with windspeeds of 38 m/s. Some additional strengthening is expected. Presently it is the central Gulf of Mexico, heading for landfall in Mississippi, according to the NHC forecast 7 AM CDT.
Entropics continues to monitor the event and to simulate possible outcomes. We will revert with additional updates if necessary.