Introduction
In this article we take a detailed look at how European windstorm risk may be impacted by future climate change in terms of the underlying hazard and the associated insured losses. These windstorms are often referred to as extra-tropical cyclones (ETCs).
In this paper we will discuss the following:
- The 2023 Eurowind™ model and the construction of the hazard event set
- An introduction to climate modelling specific to the European windstorm model domain and the wider Northern hemisphere
- The projected impact of climate change on European windstorm risk in terms of changes to the underlying hazard
- The ensuing projected impact of climate change upon European windstorm insured losses