Met Office

Finance

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  1. Consultancy hero thumb Our global capability and research can offer an independent view on weather and climate risk factors for your business.

Finance

Products and services for the finance industry to help plan and prepare for weather and climate risk more effectively.

From making sound investment decisions to setting the right premiums for insurance products, an in-depth knowledge of the past, present and future weather is essential across a range of financial services.

As world leaders in weather and climate services, we provide cutting-edge industry specific solutions that give our customers a clear advantage.

Insurance services

The insurance and reinsurance industries are hugely affected by the weather. The need for a fuller understanding of past and future extreme weather impacts is critical for your business.

The Met Office provides products and services specially designed for the insurance and reinsurance industry that can:

  • provide an independent view on how weather and climate risk factors could affect your business
  • help reduce claims leakage levels, manage risk and pricing more effectively
  • help plan your resourcing requirements

Latest projects

September 2012 - Site Wind Index

Using our expertise as a world leading provider of weather and climate services we helping companies manage the impacts of low wind. Our new service Site Wind Index provides 30 years of climatology data detailing hourly wind speeds for customer defined sites and heights which is updated monthly and annually.

Further information about Site Wind Index

July 2012 - Joint report with JBA risk management

After a very dry start to the year across the UK, 2012 has seen record breaking amounts of rainfall, this report reviews UK Flooding from April to July 2012.

JBA Met Office UK Flooding report April to July 2012 UK Flooding April to July 2012 (PDF, 601 kB)

Press releases

Read our latest news.

September 2012 - Reliable wind data for insurance contracts

May 2012 - Cutting edge research aids better understanding of hurricane risk

May 2012 - Met Office predicts quieter tropical storm season

March 2012 - A new perspective of hurricane landfall

November 2011 - Leading in the science of risk

August 2011 - Hurricane Irene heading for the US

Award winning research

Dr Adam Scaife, Met Office scientist has won the Climate Change category of the Lloyd's Science of Risk prize, which recognises leading research that could have a big impact on risk management.

Adam's research shed new light on how climate change could influence extreme weather over Europe.

Lloyd's judges described Adam's work as demonstrating "a paradigm shift in our understanding of the risk of climate change".

Contact us

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  • Hurricane winds

    Collaborations

    Working with leading organisations to provide a global, independent and transparent view of catastrophic events

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    Finance products and services

    Good results and a reduction in losses depend on having the best possible insight.

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    StormTracker

    Scientific excellence in tropical storm risk-management

  • Turbines

    Site wind index

    Reliable and trusted data for low wind insurance contracts

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