The other big offshore insurance centre, Bermuda, specialises in property-and-casualty insurance and reinsurance, mainly for hurricane risk in America.
In the 1960s, they did an experiment where they set off a loud noise off the coast of Perth,Australia,and they detected it as far away as Bermuda,20,000 kilometers away.
According to the National Hurricane Center, Imelda is expected to become a hurricane by tomorrow, as it parallels Florida's Atlantic coast, before making an abrupt turn eastward into open water towards Bermuda.