Category Archives: Weather risk

Hurricane preparedness for homes and businesses

Atlantic hurricane season is under way and will run through the end of November. While peak season is usually in August, September and October, hurricane preparedness, for personal and business properties, should be done well in advance of any forecasted … Continue reading →

New and emerging risks, related risk transfer and financing solutions

New and emerging risks, related risk transfer and financing strategies were topics of discussion presented by Marc Paasch and Derrick Easton from the Alternative Risk Transfer team, and Melena Ortega from Munich Re, at RIMS this year. Emerging risks, defined … Continue reading →

Hurricane Season Forecast: What to expect for 2017?

Atlantic hurricane season is officially here; it started yesterday and will continue through November 30. This is the time when most tropical cyclones in the Atlantic form, but not all. Take for instance, Tropical Storm Arlene, which was short-lived, weak … Continue reading →

Managing severe thunderstorm risk: Looking beyond the weather forecast

As we reach the middle of Spring, the U.S. hail and tornado season is in full swing. March is a changeable month, in weather-terms. There’s an old saying that goes something like this: “March comes in like a lion, goes … Continue reading →

Tropical Cyclone Debbie slams Australian coastline

Cyclone Debbie

Slow-moving Cyclone Debbie brought strong winds and torrential rains accumulating more than 200mm over 24 hours in many places, causing widespread coastal flooding. Continue reading →

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 →