A 2020 survey of CIA members shows that just under one third of respondents account for climate change risks in their actuarial work, a proportion similar to that indicated in a 2019 survey. These results point to a continued need in the profession for additional information and guidance on the subject.
As attention to climate issues grows, ACI provides objective data on key climate measurements Washington, D.C., Arlington, VA, Schaumburg, IL, and Ottawa, ON (Dec. 1, 2020)—With climate risk issues receiving increased focus in 2020 and poised for even greater attention from the public and public policymakers in 2021, the Actuaries Climate Index continues to provide important up-to-date data for...
Long-term measure of extreme climate conditions reached a new high in winter 2019–20 Washington, D.C., Arlington, VA, Schaumburg, IL, and Ottawa, ON (August 26, 2020) –– A multiyear trend of increasing climate condition measurements from the United States and Canada continues, reaching a new high in winter 2019–20, the latest Actuaries Climate Index quarterly data release shows. The Actuaries...
A 2019 survey of CIA members on climate change risks shows that less than one-third of respondents or their companies account for this emerging risk. However, a large percentage of respondents agree that guidance and education about the materiality of climate change risks may help with this type of risk disclosure.
Since November 2016 the CIA and its partners, the American Academy of Actuaries (AAA), the Casualty Actuarial Society (CAS), and the Society of Actuaries (SOA), have been publishing the Actuaries Climate Index (ACI).
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