Ahead of the 30th anniversary of the Great Storm of the 15 and 16 October 1987, the ABI is warning that the impact of climate change on the UK is likely to mean a higher number of more expensive wind storms.
The Great Storm led to the deaths of 18 people in the UK. At the time it was the worst storm to have hit the UK in nearly 300 years. It caused extensive damage and disruption, mainly throughout southern and eastern England. The insured cost at the time was £1.4 billion (£2.83bn in today’s money). An estimated 15 million trees were destroyed. The public enquiry that followed led to an overhaul in the prediction and warning of severe weather events.
Now, thirty years on, analysis for the Association of British Insurers (ABI) by AIR Worldwide shows temperature increases of just a small number of degrees are likely to lead to insurance losses for high winds which could be 11%, 23% or even 25% higher nationwide. These temperature changes fall within the long-term projections of what climate change experts expect to happen.
These increased losses are not spread evenly across the country but are likely to be concentrated in Northern Ireland, northern England and the Midlands, with southern England potentially seeing decreasing losses from storms. Met Office analysis shows that even small increases in temperature are likely to shift stronger winds further north.
How predicted rises in temperatures could impact on the costs of weather-related insurance claims: