Climate Change
100 results found
Climate scenarios “not fit for purpose” without biodiversity
A recent IFoA workshop found that climate models significantly miscalculate risks when they ignore biodiversity impacts. This blog from the Biodiversity Working Party explores these critical insights and the implications for actuaries.
Actuaries need economic realism
Following the April webinar ‘Why actuaries need a new economics’, speakers Professor Steve Keen and William Hynes offered some reflections.
A hostile climate?
Climate change is reshaping the conditions on which human civilisation depends. From rising mortality risks to modelling challenges, the actuarial profession must urgently engage with this evolving threat.
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.
Biodiversity Risk, Natural Capital and actuarial practice
A new cross-sector work programme has been launched by CUSP researcher Aled Jones together with the Institute and Faculty of the Actuaries, to take forward a series of activities including think pieces, webinars, and external engagement to ensure the proactive engagement of the actuary profession with the importance, perils and impacts of global biodiversity risks.
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.
Developing central climate scenarios: initial workshop findings
The Central Climate Scenario Workshop Group summarises the first of a series of workshops that aims to share insights on current thinking on what could constitute climate central ‘best estimate’ scenarios.