Named windstorms, which encompass tropical storms like hurricanes, stand as formidable contributors to global catastrophe losses. Furthermore, the warmer world we inhabit promises an increase in the occurrence of highly intense tropical cyclones.
Windstorms, characterized by their fierce winds, have the capacity to wreak havoc on landscapes, toppling trees and damaging buildings. Beyond this immediate impact, they unleash secondary perils, including heavy rainfall, river inundations, landslides, and coastal flooding, collectively causing extensive damage and upheaval.
During our recent webinar on June 20, 2023, we delved into the intricate mechanics of these storms, scrutinizing their formation and measurement. We elucidated how we assess risks and offered insights into how WTW empowers clients in their pursuit of risk mitigation and management.
Our exploration encompassed:
- Quantification of risks and probable losses
- Innovative risk transfer solutions tailored to the unique challenges posed by windstorms
- Real-world case studies in risk consultancy and claims resolution
- A glimpse into ongoing research concerning windstorm-related risk topics
Webinar recording
Discover our comprehensive report, offering insights into the pivotal discussions and takeaways from the webinar.
In our relentless commitment to assisting clients in making informed decisions regarding the mitigation and management of windstorm and climate-related risks, WTW provides a holistic risk consultancy service. This encompasses exhaustive risk analysis, sophisticated catastrophe modeling, and meticulous vulnerability assessments through catastrophe engineering.
For specialist help discovering smarter ways to managing named windstorm risks, please get in touch.
Disclosure
WTW offers insurance-related services through its appropriately licensed and authorised companies in each country in WTW operates. For further authorisation and regulatory details about our WTW legal entities, operating in your country, please refer to our WTW website. It is a regulatory requirement for us to consider our local licensing requirements.
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| Title | File Type | File Size |
|---|---|---|
| Mitigating, managing and quantifying named windstorm risksPDF | 1.3MB |
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2023 Natural Castrophe Webinars
Helping you better understand, quantify, and mitigate against NatCat Risks
