Insurance risk assessment in the face of climate change: Integrating data science and statistics

V Lyubchich, NK Newlands, A Ghahari… - Wiley …, 2019 - Wiley Online Library
Local extreme weather events cause more insurance losses overall than large natural
disasters. The evidence is provided by long‐term observations of weather and insurance …

The use of insurance data in the analysis of Surface Water Flood events–A systematic review

K Gradeci, N Labonnote, E Sivertsen, B Time - Journal of Hydrology, 2019 - Elsevier
This study employs a systematic literature review to investigate how insurance data can be
applied in the analysis of Surface Water Flood events. The study firstly identifies the …

[HTML][HTML] Resilience to natural hazards: An analysis of territorial governance in the Nordic countries

L Van Well, P Van Der Keur, A Harjanne… - International Journal of …, 2018 - Elsevier
Institutional arrangements at work in the governance of natural hazard risks in Denmark,
Finland, Iceland, Norway and Sweden are reviewed and analyzed against the territorial …

Assessing present and future risk of water damage using building attributes, meteorology, and topography

C Heinrich-Mertsching, JC Wahl… - Journal of the Royal …, 2023 - academic.oup.com
Weather-related risk makes the insurance industry inevitably concerned with climate and
climate change. Buildings hit by pluvial flooding is a key manifestation of this risk, giving rise …

A Bayesian hierarchical model with spatial variable selection: the effect of weather on insurance claims

I Scheel, E Ferkingstad, A Frigessi… - Journal of the Royal …, 2013 - academic.oup.com
Climate change will affect the insurance industry. We develop a Bayesian hierarchical
statistical approach to explain and predict insurance losses due to weather events at a local …

Bayesian modeling of insurance claims for hail damage

O Miralles, AC Davison - The Annals of Applied Statistics, 2024 - projecteuclid.org
Bayesian modeling of insurance claims for hail damage Page 1 The Annals of Applied Statistics
2024, Vol. 18, No. 4, 3091–3108 https://doi.org/10.1214/24-AOAS1925 © Institute of …

Extreme value modelling of water-related insurance claims

C Rohrbeck, EF Eastoe, A Frigessi, JA Tawn - The Annals of Applied …, 2018 - JSTOR
This paper considers the dependence between weather events, for example, rainfall or
snow-melt, and the number of water-related property insurance claims. Weather events …

Can we weather proof our insurance?

V Lyubchich, YR Gel - Environmetrics, 2017 - Wiley Online Library
The last few years were particularly volatile for the insurance industry in North America and
Europe, bringing a record number of claims due to severe weather. According to a 2013 …

Multivariate Modeling of Precipitation-Induced Home Insurance Risks Using Data Depth

AK Dey, V Lyubchich, YR Gel - Journal of Agricultural, Biological and …, 2024 - Springer
While political debates on climate change become increasingly heated, our houses and city
infrastructure continue to suffer from an increasing trend of damages due to adverse …

[HTML][HTML] A local factor nonparametric test for trend synchronism in multiple time series

V Lyubchich, YR Gel - Journal of Multivariate Analysis, 2016 - Elsevier
The problem of identifying joint trend dynamics in multiple time series, ie, testing whether
two or more observed processes follow the same common trend, is essential in a wide …