Insurance companies blown off course by the great storms of 1987 will be calmed by the news that the Met Office is assessing the effects storms have on insurance claims for re-insurance giant Willis Faber. A repeat of the great storms, the root of Michael Fish's famous hurricane blunder, would be less likely to upset insurance markets now that Met Office SPSS driven software can predict the likely severity of storms in each postal area. This information is fed directly into Willis Faber's own property damage and insurance model so an estimate of insurance claims can be made.
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