In this publication, the first in a series of four, we focus on the hurricane peril, discussing our current understanding of hurricanes (including tropical cyclone and typhoon patterns), impacts to climates that could alter the nature of this peril, and our view of storm trends and their potential development. In three additional follow-up publications, we will cover the industry’s exposure to hurricanes and the fast-changing nature of home and building structures and their ability to withstand storms; then on to a unique view of comprehensive risk transfer option creation; and finally, how placement techniques are trending and improving within the property (re)insurance market.
As we examine hurricane/tropical cyclone/typhoon patterns and trends, we can conclude one thing for certain, climate change is impacting weather around the globe.
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