Articles tagged "Climate Change"

How do we fund future resilience from natural disasters?

Ahead of this year's Catastrophe Risk Seminar, Sharanjit Paddam explains why it's important to discuss issues around funding natural disasters in Australia. He also highlights what delegates can look forward to on the day. 

Preparing our Health Systems for Climate Change

In this article, Director of Consulting at Deloitte, Ignatius Li discusses the latest Lancet Countdown report and outlines some of its highlights and implications for Australia's health system.

Climate Related Financial Disclosures - The Way Forward?

Member of the Climate Change Working Group, Wayne Kenafacke discusses the recent recommendations report from the G20’s Financial Stability Board’s Task Force on Climate-related Financial Disclosures.


An Overview of the Actuaries Climate Index

In this article, David Hudson from the Institute's Climate Change Working Group reviews the recent release of the Actuaries Climate Index (ACI) by American and Canadian actuaries, highlighting its uses and feasibility for UK, Europe and Australia.

Climate Risk Management for Financial Institutions

The authors of 'Climate Risk Management for Financial Institutions' - a paper presented at the General Insurance Seminar in November 2016 - discuss how financial institutions can play a critical role in managing the potential financial risks posed by climate change.

Update on physical, transition and liability climate risks

An Actuaries Institute event last week explored case studies of the physical risks from natural disasters, transition risks for investors as economies adapt to low carbon emissions, and governance risks for trustees and boards of directors.


Fiscal forecasting and climate change

The Climate Change Working Group (CCWG) was formed in January 2016 with the goal of supporting the Actuaries’ Institute Public Policy position on climate change. Our aim is to promote the application of actuarial skills, including quantification of risk, cost-benefit analysis, and long term financial forecasting, to climate change-related issues.


Ringing the bells of climate change

Sharanjit Paddam looks at the different ways climate change can affect insurers and their financial stability in light of a notable Bank of England report.

Rising Tides Downunder

New thinking is required to protect and insure against coastal inundation in the future, writes Rade Muslin from the American Academy of Actuaries Extreme Events Committee.

Climate Change and Insurance

As the UN Climate Change Conference 2015 wraps up its work in Paris, the time seems opportune to look at climate change, the liability risks which it poses and how insurers might respond to those liability risks. Mark Sheller reports.


Creating Climate Resilient Organisations

Dr Martina Linnenluecke from UQ Business School considers what actions business can take to evaluate their adaption needs and strengthen their resilience to climate change.

Economic modelling of climate risk

Kate Mackenzie of The Climate Institute discusses recent actions by Insurers on climate change and the potential for systemic risk from climate change to disrupt our financial systems.

Report challenges debate on climate change versus economic growth

The director of Climate Policy Research Nick Wood comments on the recent publication: ‘Health and climate change: policy responses to protect public health” by The Lancet Commission.

Congratulations to the Winners of the 2014 Taylor Fry General Insurance Seminar Silver Prize

The 2014 Taylor Fry General Insurance Seminar Silver Prize has been awarded to the authors of a paper entitled: "Can Actuaries Really Afford to Ignore Climate Change? "

Major changes recommended to natural disaster funding

The Productivity Commission's final Inquiry Report on Natural Disaster Funding Arrangements has found that the current arrangements are not "efficient, equitable or sustainable".

Climate data a “game changer” for property insurance

Prudential regulation seeks to ensure that financial intermediaries can meet their obligations to beneficiaries (‘consumers’) under all reasonable circumstances, as a general guarantee against failure entails unacceptable moral hazard and taxpayer costs.

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