Category Archives: Weather risk

Latest on El Niño predictions for 2016: A looming La Niña?

El Niño and La Niña have well-established links to hurricane activity. The impact on the re/insurance sector depends on when the potential La Niña sets in. Continue reading →

U.K. floods: Should we expect more of the same?

By making a few assumptions, the chances of getting two locations, such as Carlisle, experiencing extreme flows in a 10-year period is over 80%. Continue reading →

The Impact of the North Atlantic Oscillation on European Windstorms

Windstorms are the largest driver of annual insured losses in Europe. One way to predict the likelihood of windstorms occurring at time-scales longer than typical weather forecasts is to investigate teleconnection patterns. Teleconnection patterns are recurring and persistent large-scale patterns … Continue reading →

How to model a windstorm

Storm Angus hit the U.K. earlier this month (also known as Nannette as designated by the Free University of Berlin). Although insurance industry losses are not expected have much impact on the reinsurance industry, the storm did produce high winds … Continue reading →

Space weather spawns earthbound risks

The University of Cambridge's scenario-based study examines the impacts and derived economic impacts from an extreme space weather event such as a solar storm. Continue reading →

Scariest Risks of 2016

As Halloween nears, people’s thoughts inevitably turn to ghoulies and ghosties, and long-leggedy beasties, and things that go bump in the night. At the Wire we take this opportunity to reflect on the scariest risks our clients faced this year.  … Continue reading →

Hurricane Matthew damage report

The thirteenth named storm of the 2016 Atlantic hurricane season, Hurricane Matthew, the longest-lived Category 4-5 in October in the Atlantic, attaining a lifetime maximum intensity of Category 5. It reached a maximum Category 3 intensity while tracking parallel to … Continue reading →

Matthew

The deadliest hurricane in 11 years has struck around a fortnight ago. After tearing a path through the Caribbean, across Haiti and Eastern Cuba, through the Bahamas and then along the east coast of the U.S., it was finally absorbed … Continue reading →

Winter storms and hurricanes, all of an afternoon

A forecast given by a long-range climate model differs to that of a short-range weather model, as it expresses the likelihood of all possible outcomes rather than just one solution. Continue reading →

Creative solutions for adverse-weather catastrophes

The recent flooding in Louisiana, by some referred to as the Great Flood of 2016, has been described by the American Red Cross as the worst catastrophe to have hit the United States since Hurricane Sandy. Is my home safe, … Continue reading →