This session will cover various practical aspects around physical climate risk modelling and scenarios analysis, including:
- Understanding how climate change affects different natural catastrophe risks for insurers.
- Exploring the modelling of physical hazards under climate change for location-based portfolios and discuss peer-reviewed data that can be leveraged for this assessment.
- Step-by-step walkthrough of key elements for preparing and performing a climate risk stress test for a property portfolio and illustration based on a case study.
- Discuss results from a case study focusing on flood, wildfire, and tropical cyclones for selected countries, and highlight common challenges in application.
- Highlight key assumptions, limitations, and uncertainties surrounding this assessment.
Anmeldeschluss: 2024-04-29
Link: https://actuarial-academy.com/seminars/seminar?No=E0365