A combined statistical-deterministic approach to methods and systems for assessing risk associated with natural disasters, in particular, hurricane wind risk. One example of a method of predicting wind speed distribution within a predetermined distance from a point of interest includes steps of statistically synthesizing a large plurality of wind storm tracks that pass within a predetermined radius of the point of interest, running a deterministic simulation of wind intensity along each one of the large plurality of wind storm tracks to produce an output representative of wind speed distribution along each track, and using the output to estimate an overall wind speed probability distribution from a combination of the wind speed distributions along each track within the predetermined distance from the point of interest.