logo image

Europe Severe Convective Storm

Severe convective storms cause more than 20 percent of the average annual insured losses in Europe. Hailstorms like Andreas in 2013 (USD 4 billion) or Ela in 2014 (USD 3 billion) show the importance of modeling this peril to manage risk.

Regional Focus

Benefit from a Pan-European model, covering 17 countries, to understand risk from hail, straight-line winds, and tornadoes.

Asset Specific

Model what matters: the model gives insight on property and automobile risk, including an innovative way to account for movement of vehicles.

Solution Consistency

Use the same set of solutions across the risk management chain—from underwriting to portfolio management and capital adequecy.

Model Coverage

Europe Severe Convective Storm boasts the below benefits to help you accurately assess your risk.

Known Sub-perils

Model losses from hail, straight-line winds, and tornadoes, as well as any combination of these sub-perils.

Country Detail

Understand cross-country correlation by using a consistent model across 17 countries in Europe.

Automobile Risk

Account for the differences in vehicles types, their typical movement behavior and protection systems.

Complete View of Risk

Complete your view of weather risk in Europe, with this model fully compatible with the RMS Europe Windstorm Models. 

Spotlight

Severe convective storms are inherent to the European climate risk landscape and can cause extensive loss to vehicles and property. Severe convective storm risk is often managed using historical experience alone, facing issues such as under-reporting of observations. Recent events show the potential challenges and cost this peril can drive for the (re)insurance industry.

Related Products

windstorm
Europe Windstorm

Gain insights across f15 European countries to understand the significant tail risk from a complex peril that drives solvency.

Europe flood
Europe Flood

Access broad-scale, well-validated views of flood risk to gain necessary insights into the range of commercial opportunities associated with various flood markets.

North America Severe Convective Storm
North America Severe Convective Storm

Manage your North America risk from isolated thunderstorms to multi-day, multi-state, and multi-peril storms, including hail, tornado, and straight-line wind.

Resources

Meeting room

RMS September Update: New HD Models for Europe, New Zealand, and…

After recently launching new High Definition Models™ during August, we are delighted to announce that clients using RMS® Risk Modeler™, powered by RMS Risk Intelligence™, now have access to three additional HD Models™ covering new perils and regions in Europe, New Zealand, and the U.S.: Europe Severe Convective Storm HD Models: Comprehensive coverage of all sources of loss including hail, straight-line winds, and tornado risk for 17 countries, comes with…

Europe SCS

Severe Convective Storms in…

As summertime approaches here in Europe, so does the…

CAPE and Lifted

Severe Convective Storm Season…

Michèle Lai, Product Manager, RMS Contributors:…

Schreiner

Europe Severe Convective Storm:…

When a hail event lasting just minutes hit southern…

hailstorm_map

Is Europe Due for Severe…

Summer has just started, but weather has already been…

Contact Us

Want Leading Edge Tools to Manage Your Severe Convective Storm Risk in Europe?

close button
Video Title

Thank You

You’ll be contacted by an RMS specialist shortly.

RMS.com uses cookies to improve your experience and analyze site usage. Read Cookie Policy or click I understand.

close