Latest Publications

Beyond Katrina: Lessons In Creating Resilient Communities
Aug 26, 2015 | read more ›

The impact of climate change on the UK insurance sector, September 2015
Aug 26, 2015 | read more ›

Willis Resilience
Aug 26, 2015 | read more ›

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Research and Impact

The Willis Research Network’s activities are organised across four WRN Research Pillars: Economic Capital & Enterprise Risk Management; Natural Hazard & Risk; Man-made & Liability Risks; and Core Technologies & Methods. Collectively these Pillars encompass a comprehensive range of insurance analytics disciplines.

Within these Pillars, WRN Research Hubs cover major areas such as Flood Risk, Financial Stability & Regulation and High Performance Computation. Hubs manage the WRN's Research Programmes that address the subjects that the WRN's stakeholders have identified as priorities such as Global Flood Modelling, Insurance Regulation, or Credit Risk.

The Research Programmes drive WRN Research Projects producing the academic and industrial Research Outputs. Outputs include: data, models & applications, peer reviewed journal articles, financial instruments and products or meetings and conferences.

Pillars, Hubs, Programmes and Projects are managed by WRN personnel linking teams from members institutions across the Network, Willis and industrial partners

The Willis Research Network's ultimate value derives from the impact Research Outputs produce within industrial, financial, scientific and public policy to support resilience and sustainable growth.

Economic Capital & ERM

Economic Capital describes the risk-adjusted financial value of institutions and related decision-making. Economic Capital Modelling underpins this process with a growing influence over management, operations and oversight of insurance companies and other public and private institutions.

Read more about Economic Capital & ERM ›

Natural Hazard & Risk

Around half of the world’s $200 billion annual global reinsurance premiums are spent on protection against natural hazards; the solvency capital charge for most non-life insurance companies under regulatory frameworks is strongly influenced by exposures to natural catastrophe risk and insurance companies are sensitive to their relative financial and customer performance when natural disasters occur. In response to this importance, natural hazards and risk are a significant priority for the Willis Research Network.

Read more about Natural Hazard & Risk ›

Man-made & Political Risks

The Willis Research Network, combines with Willis Group's wider expertise in response to a wide range of risks beyond natural hazards. The coverage is extensive, but ultimately these classes of risk are integrated into similar types of analytical platforms, financial modelling tools and decision support systems employed to evaluate and manage natural catastrophe risks.

Read more about Man-made & Political Risks ›

Core Technologies & Methods

Much of the WRN programme is mediated through the modelled world and this environment rests upon a platform of technology, information and methods which underpin and enable research and operational services. The development of core technologies and methods is a primary aim of the Network and a specific reason for integrating public science with the industry so opportunities afforded by fundamental breakthroughs and facilities can be translated into innovation quickly and efficiently.

Read more about Core Technologies & Methods ›

About WRN

As economic, social and environmental uncertainties increase, institutions and populations seek greater resilience to support sustainable growth. Science and insurance lay at the heart of understanding, managing and sharing these risks, building more secure futures at local and global scales.

The Willis Research Network (WRN) operates across the full spectrum of risk from natural catastrophe, to legal liability, financial and security issues linked across driving themes: Resilience, Security & Sustainable Growth; Managing Extremes; Insurance & Risk Management and Mastering the Modelled World.

All Members and activities are united by a common aim: improving resilience by integrating first class science into operational and financial decision-making across public and private institutions.

Latest News

Changing Cyber Risks
Oct 07, 2015 | read more ›

WRN Hurricane Commentary: Hurricane JOAQUIN
Oct 02, 2015 | read more ›

Sea Level Rise Study with comment from Dr Adam Sobel of Columbia University
Sep 30, 2015 | read more ›

Threats and Opportunities of Demographic Change: Asia
Sep 15, 2015 | read more ›

Interactive Map of Hurricane Katrina
Aug 28, 2015 | read more ›


Fast Facts

  • The WRN was formed in September 2006 to support leading academic research into extreme events, with a specific focus on responding to the challenges faced by businesses, insurers and governments
  • The WRN's membership spans the globe, counting more than 50 world-class universities, scientific research organisations and public policy institutions
  • Collectively, our members have published more than 100 papers in leading scientific journals
  • Nearly all of the WRN's research is freely available to the public and can be downloaded on our website

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