IFoA’s Life Climate Change Working Party
10 results found
How can the actuarial profession leverage the growing regulatory interest in climate reporting?
Over the past couple of years, many authorities around the world have declared a climate emergency. It is now widely accepted that climate change presents a material systemic financial risk. As life actuaries, our work includes analysing long-term financial risks and opportunities, so this would include considering the issues and scenarios that may arise in the coming decades from climate change.
Supporting actuaries with climate related analysis
As part of the Life Climate working party, the insurance risk sub-group is looking at how to support actuaries with climate-related analysis in the context of insurance liabilities, and the impact on non-economic factors.
Recommended Papers: Understanding and managing climate change asset risks and opportunities
The IFoA’s Life Climate Change Working Party has a wide remit to help actuaries working in the life insurance industry understand climate change and the risks and opportunities presented by climate change.
Climate scenario analysis for life insurers
This short article is an initial output from the IFoA Life Climate Scenarios Working Party (Assumptions and scenario modelling) – it provides a brief outline of how climate scenarios can be used by a life insurance company.
When black swans turn into gray rhinos
To introduce a new blog series on climate risk, the IFoA’s Life Climate Change Working Party explores the concepts of ‘black swans’ and ‘gray rhinos’ in a climate context.
When black swans turn into gray rhinos: part 2
The second part of the Life Climate Change Working Party’s swan blog series explores the financial and non-life risks of climate change.
When black swans turn into gray rhinos: part 3
The third part of the Life Climate Change Working Party’s swan blog series looks at the non-financial policyholder risks of climate change.
When black swans turn into gray rhinos: part 4
In the fourth part of our swan blog series, we look at the impact of climate change on mortality and morbidity.