Category Archives: Weather risk

A “drought” of major hurricane landfalls? Science weighs in.

Hurricane season is here. Tropical Storm Colin is the third named storm in the Atlantic basin this year, and has brought rough seas, heavy rain and flooding to Florida and parts of the east coast of the U.S. So far … Continue reading →

What could a La Niña mean for insured property exposure along the U.S. coast?

June 1 marked the beginning of hurricane season in the Atlantic Basin for 2016. Willis Towers Watson Wire recently published a blog on our predictions for this season based on Colorado State University’s forecast. With the hurricane season in mind, … Continue reading →

2016 Atlantic Basin seasonal hurricane forecast: Average, but what does that mean?

The 2016 Atlantic hurricane season will likely have activity near the average 1981-2010 season, with 90% probability of U.S. major hurricane landfall. Continue reading →

The U.K. Floods: Looking Forward – Building Better Resilience

How best to protect communities from flooding, how modelling could be better used to forecast areas at high risk of flooding, and reinsurance solutions to protect against earnings volatility. Continue reading →

The U.K. Floods: Record-Breaking December – How Bad Was it?

December 2015 saw Storms Desmond, Eva and Frank hit the U.K. leaving widespread flooding in its wake, breaking meteorological records and causing the insurance industry a £1.3bn headache. The flooding made headlines across the U.K., sparking a debate over the … Continue reading →

When Winter Storms Cross Territories

In the United Kingdom, 2015 left many with the struggle of recovering from flood waters after a series of severe storms brought gales and heavy rain to many parts. Continue reading →

After COP21 How Can Insurance Help us Adapt to Climate Change?

A mix of hype, excitement, cautious optimism, scepticism and just plain cynicism has purveyed the world of climate science and risk management following the latest (21st) Conference of the Parties in Paris, otherwise known as COP21. Continue reading →

Building Resilience Around Natural Hazards and Climate Change

A changing climate and rapidly growing exposure to natural catastrophes presents the world with an unprecedented challenge. Continue reading →

Quantifying European Windstorm Models: Comparing the Hazard Models

As we enter another European windstorm season, following a few inactive seasons, we need to look back to key historical events as a reminder of the high loss potential. Indexed to today’s prices and adjusting for market size, Willis Re … Continue reading →

2015 El Niño – Impacts on Hurricane Activity and Climate Links to Reinsurance Loss Activity

2015 El Niño As predicted earlier this year, an El Niño event has been developing in the Equatorial Pacific. By most objective metrics, the event looks to be strong, with all defining atmospheric or oceanic variables showing the characteristic El … Continue reading →