TABLE 1
FROM:
Climate Change and the Global Insurance Industry
Michael Hawker
BACK TO ARTICLETable 1. Changes in extremes as a result of changes in hazardsa
| Hazard | Change in climate | Resulting change in damage loss |
|---|---|---|
| Windstorm | 2.2°C mean temperature increase | Increase of 5–10 per cent in hurricane wind speeds |
| Windstorm | Doubling of wind speed | Fourfold increase in damages |
| Floods | 25 per cent increase in 30 min precipitation | Flooding return period reduced from 100 years to 17 years |
| Bushfire | 1°C mean summer temperature increase | 17–28 per cent increase wildfires |
a Source: Mills et al. (2001).
Example: 1°C mean summer temperature increase could lead to a 17–28 per cent increase in bushfires.
