Documentation

Accounting for Climate Change in Verisk Catastrophe Models

The primary purpose of Verisk’s models is to estimate the risk of loss to insured properties from perils over the next one to five years. Verisk updates models frequently to ensure that the latest data and science are used and that data representing the past few years are appropriately weighted. Where appropriate, Verisk scientists also condition on relevant interannual and decadal-scale climate cycles and variability caused by large-scale modes of earth system variability (e.g., El Niño/La Niña Southern Oscillation cycles, the Pacific Decadal Oscillation, and Atlantic multi-decadal variability). Other robust trends in relevant local conditions due to climate changes anticipated through the period of intended model use are also accounted for.

The description document of each of the following models includes a detailed Accounting for Climate Change chapter; summaries of these chapters are also available. In addition, Verisk has created projections for a selected set of perils for time horizions beyond the next one to five years.

Model	Climate change material
Verisk Crop Hail Model for the United States	Accounting for Climate Change Summary Accounting for Climate Change Chapter (in the model description found here)
Verisk Extratropical Cyclone Model for Europe	Accounting for Climate Change Summary Accounting for Climate Change Chapter (in the model description found here)
Verisk Hurricane Model for the United States	Accounting for Climate Change Summary Accounting for Climate Change Chapter (in the model description found here) Climate Change Projections for the United States and Caribbean Tropical Cyclone Models
Verisk Inland Flood Model for Canada	Accounting for Climate Change Summary Accounting for Climate Change Chapter (in the model description found here)
Verisk Inland Flood Model for Central Europe	Accounting for Climate Change Summary Accounting for Climate Change Chapter (in the model description found here)
Verisk Inland Flood Model for Italy	Accounting for Climate Change Summary Accounting for Climate Change Chapter (in the model description found here)
Verisk Inland Flood Model for the United States	Accounting for Climate Change Summary Accounting for Climate Change Chapter (in the model description found here)
Verisk Multiple Peril Crop Insurance Model for the United States	Accounting for Climate Change Summary Accounting for Climate Change Chapter (in the model description found here)
Verisk Severe Thunderstorm Model for Europe	Accounting for Climate Change Summary Accounting for Climate Change Chapter (in the model description found here)
Verisk Severe Thunderstorm Model for the United States	Accounting for Climate Change Summary Accounting for Climate Change Chapter (in the model description found here)
Verisk Tropical Cyclone Model for the Caribbean	Accounting for Climate Change Summary Accounting for Climate Change Chapter (in the model description found here) Climate Change Projections for the United States and Caribbean Tropical Cyclone Models
Verisk Typhoon Model for Japan	Accounting for Climate Change Summary Accounting for Climate Change Chapter (in the model description found here)
Verisk Typhoon Model for South East Asia	Accounting for Climate Change Summary Accounting for Climate Change Chapter (in the model description found here)
Verisk Wildfire Model for the United States	Accounting for Climate Change Summary Accounting for Climate Change Chapter (in the model description found here) Climate Change Projections for the Verisk Wildfire Model for the United States

Menu Container Block

AIR Worldwide is a Verisk business.Verisk Analytics^®

Accounting for Climate Change in Verisk Catastrophe Models

Model

Climate change material

Menu Container Block