UK Windstorms and Climate Change—Impact on Insurance Industry
Get Your Copy!Get Your Copy!
How could climate change increase the frequency and intensity of windstorms across the United Kingdom?
An AIR Worldwide analysis of UK MET Office climate change projections conducted for the Association of British Insurers (ABI) quantifies the effect of potentially rising global temperatures on the risk posed by windstorms to the United Kingdom. This 2017 report is an update to the 2009 ABI Research Paper.
Read the report to learn:
- How increases of just a few degrees could lead to insurance losses for high winds becoming 11%, 23%, or even 25% higher nationwide
- How insured losses are expected to increase throughout the UK, but there will be regional differences
- Advances in climate science since the initial report