Hailstorms in Europe
To better assess the scale and probability of hail damage in Europe, Swiss Re has developed a probabilistic, event set based hail model, representing the latest addition to its internally developed platform of risk assessment models (earthquake, windstorm, flood). Covering European countries with the greatest hail exposures in terms of loss potentials, the model computes expected losses and derives a relationship between loss severities and their probabilities of occurrence. It is also capable of analysing both motor own damage and building portfolios
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