Climate Risk - The Effect on Actuarial Roles and Adjusting the Pricing Process

Our speakers will delve into the growing impact of climate change on actuarial practices and insurance pricing. As extreme weather events and environmental shifts become more frequent and severe, the roles and responsibilities of actuaries are evolving and they must adapt their methodologies to accurately assess and price climate-related risks. Speakers will explore emerging trends in the actuarial profession, climate risk modeling, data integration techniques, and the adjustments necessary for refining pricing processes. The session aims to equip professionals with the tools and knowledge needed to navigate this evolving landscape and enhance their risk management strategies. Presented by IACA Section and SAS.Moderated by Michael S. Clark.