In this series of presentations, delivered by both scientific and industry experts, we take a closer look at what the industry and its clients can expect from upcoming storm seasons, with a particular focus on European flood.
Just looking at Germany as an example, the devastating Bernd flood event following heavy rainfall contributed heavily to the 2021 calendar year of large loss events in Germany. In fact, 2021 was the most expensive year since records began in 1970 for natural catastrophe losses, with over EUR12.5bn ($14.2bn) of insured damage created across the country.
Before we look at the response and measures being taken by the industry to help reassure clients who are exposed to extreme weather events, we begin with the science.
David Stephenson, Professor at the University of Exeter and Director of the Exeter Climate Systems research centre, who focuses on ‘Storms in the Future’, providing an overview of what we can expect.
In this presentation, Stephenson discusses:
David Stepheson, Founder and Director, Exeter Climate Systems Research Centre