Actuaries, especially those in the P&C area, need to accurately reflect climate risk in their financial condition testing. However, developing these scenarios can create a number of challenges.
Have you ever wondered what happens at the Conference of the Parties (COP), the United Nations’ annual climate change summit? I was asked by the International Actuarial Association (IAA) to attend COP27 in Egypt in November 2022. Here’s what I learned.
The Canadian Institute of Actuaries (CIA) has earned official status as a Supporter of the United Nations Environment Programme Finance Initiative (UNEP FI).