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Escalating ‘intensity of hail’ in SCS events driving claims costs and motor damage – Perils

By 2026-09-10T10:05:00

Hail storm

Source: Google Images

The (re)insurance market has to become more focused on mitigation as hail increasingly drives ‘billion dollar’ insured loss events, says chief executive

The “intensity of hail events” within severe convective storms (SCS) has escalated, with larger hail diameters between 5cm and 7cm causing “really severe” property and motor damage, bumping up claims costs, according to Christoph Oehy, chief executive at natural catastrophe data firm Perils. 

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