How RMS can help you understand this key peril for Europe.
Understand Tail Risk
An innovative hybrid approach that combines numerical and statistical models, as well as historical events to deepen insights.
Enhanced building vulnerability definition and representation of regional construction practices offer variations in vulnerability by geography and risk type.
Granular Hazard Variability
Models incorporate high-resolution surface roughness data for modeling granular hazard variability, calibrated using extensive weather station data.
Model outputs validated against millions of claims, representing several tens of billion of claims.
Multidecadal Variability of European Windstorms
We first noticed multidecadal variability of European windstorm activity ten years ago, with 50 percent lower frequencies of damaging storms in the new millennium than in the eighties and nineties. This variability is important: A company’s length of loss experience is unlikely to match the model calibration period, which impacts model validation.
Challenges Around Modeling European Windstorm Clustering
The twenty-fifth anniversary of Daria, Herta, Wiebke, and Vivan in 2015 called for an examination of the most damaging cluster of European windstorms on record, and how a modeled view of clustering could help increase understanding.