Australia is known as the lucky country, with beautiful beaches, stunning landscapes, amazing flora and fauna, cosmopolitan cities and a thriving economy. But Australia is also a dangerous continent, as along with a variety of deadly animals we are prone to many of the different types of natural disasters that can cause damage and loss. Bushfires, tropical cyclones, severe convective storms and destructive low pressure systems are annual events, with insurance losses in the billions each year. COMBUS Pty Li
We have models available now to address your needs around Australian perils. We model the magnitude of large events and the frequency of smaller events, as well as correlations between the different perils due to regional weather patterns. We can provide your financial modelling system with the inputs it requires to simulate periods taking account of non-Poisson event clustering and cross-peril correlations reflecting El Niño and La Niña conditions, allowing you to more realistically model third and fourth
Severe Convective Storm