Manage a Major Contributor to Worldwide Insured Losses
Since 2000, severe weather has caused over $315 billion of insured loss globally. In the U.S. and Canada, the combined average annual insured loss is over $18 billion. In Europe, severe weather causes more than 20 percent of the total insured loss each year, while in Australia it causes approximately one-third of all historical natural catastrophe loss. RMS severe convective storm models cover all of these regions and make managing severe convective storm risk possible – and profitable.