Physical Climate Risk Modelling
Physical climate risk translates hazard intensity into financial loss through exposure and vulnerability. This section collects notes on flood, wind, heat, wildfire, drought and coastal perils — with damage functions, event sets, portfolio aggregation and validation appropriate for banks, insurers and reinsurers.
Featured guide
A Technical Guide: Integrating SPEI into Drought Risk Models
How the Standardized Precipitation Evapotranspiration Index improves on rainfall-only drought metrics for loss estimation in agriculture and energy portfolios.
Articles in this section
- Physical Risk Modelling for Banks and InsurersPhysical Climate Risk · 11 min read
- Flood Risk Modelling: Hazard, Exposure, Vulnerability and LossPhysical Climate Risk · 11 min read
- Windstorm Risk Modelling for Insurance and Banking PortfoliosNatCat & Hazard Modelling · 10 min read
- Heat Risk Modelling for Mortality, Productivity and Credit RiskPhysical Climate Risk · 9 min read
- Drought Risk Modelling for Agriculture, Energy and InsurancePhysical Climate Risk · 9 min read
- Wildfire Risk Modelling: Exposure, Ignition, Spread and LossNatCat & Hazard Modelling · 10 min read
- Coastal Flooding and Sea-Level Rise Risk ModellingPhysical Climate Risk · 10 min read
- Spatial Correlation in Climate Risk ModelsNatCat & Hazard Modelling · 8 min read