Articles tagged "Climate Change"
Since its inception in January 2016 the Climate Change Working Group (CCWG) has worked hard to support the Institute’s public policy position on climate change and promote actuaries’ involvement in assessing the financial implications of climate change.
Posted on: June 7, 2018
Participants of a recent YAP Climate Workshop were asked to cast their minds forward to 2025 in a fictitious scenario where the small town of Derby, WA – now 'New Derby' – is a similar size to Darwin with a population of 100,000.
Posted on: April 12, 2018
Next Tuesday, members of Sydney’s Young Actuaries Program (YAP) will workshop data with climate change scientists to help ensure the success and insurability of large scale redevelopments in the Kimberley region of Western Australia.
Posted on: March 19, 2018
With Part Two of the Climate Risk Fluency series fast approaching, APRA's David Jenkins gives us a taste of what to expect by reporting on the highlights (including insights from the BOM and CSIRO) from the Part One seminar.
Posted on: March 15, 2018
In this first episode of the Dialogue Podcast series, Andrew Doughman questions Sharanjit Paddam, Principal at Deloitte, on his Dialogue thought leadership paper 'Climate Risk Disclosure, Financial Institutions Feel the Heat'.
Posted on: February 28, 2018
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.
Posted on: February 6, 2018
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.
Posted on: November 16, 2017
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.
Posted on: March 31, 2017
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.
Posted on: February 9, 2017
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.
Posted on: January 31, 2017
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.
Posted on: October 6, 2016
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.
Posted on: July 26, 2016
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.
Posted on: February 11, 2016
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.
Posted on: January 7, 2016
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.
Posted on: December 11, 2015
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.
Posted on: August 24, 2015
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.
Posted on: August 6, 2015
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.
Posted on: July 6, 2015
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? "
Posted on: May 11, 2015
The Productivity Commission's final Inquiry Report on Natural Disaster Funding Arrangements has found that the current arrangements are not "efficient, equitable or sustainable".
Posted on: May 4, 2015