Abstract: Proposed is a system and a method for a parametric risk transfer system based on automated location-dependent probabilistic tropical storm risk and storm impact forecast, wherein weather measuring parameters of weather events are measured by means of a plurality of delocalized distributed weather flow stations and transmitted to a central system, and wherein the measured weather measuring parameters at least comprise measuring parameters of wind speed and/or maximum wind speed within a predefined time frame. A spatial high-resolution grid comprising grid cells is generated over a geographical area of interest, and a wind field profile is dynamically generated, wherein by triggering an indexed wind field parameter of the wind field profile exceeding a predefined trigger, an output activation signal is generated based on the wind field parameter and transmitted to an associated activation device, wherein the operation of the activation device is steered by the transmitted output activation signal.

Abstract: Proposed is a system and a method for a parametric risk transfer system based on automated location-dependent probabilistic tropical storm risk and storm impact forecast, wherein weather measuring parameters of weather events are measured by means of a plurality of delocalized distributed weather flow stations and transmitted to a central system, and wherein the measured weather measuring parameters at least comprise measuring parameters of wind speed and/or maximum wind speed within a predefined time frame. A spatial high-resolution grid comprising grid cells is generated over a geographical area of interest, and a wind field profile is dynamically generated, wherein by triggering an indexed wind field parameter of the wind field profile exceeding a predefined trigger, an output activation signal is generated based on the wind field parameter and transmitted to an associated activation device, wherein the operation of the activation device is steered by the transmitted output activation signal.