Description: The COVID-19 pandemic has had a wide-ranging impact in areas of interest to practicing actuaries. Correlations exist between the pandemic and many topics varying across a range of practice areas. The SOA Catastrophe & Climate Strategic Research Program Steering Committee has sponsored these visualizations exploring the correlation between the COVID-19 pandemic and a theme of choice of the individual contributing authors.

Description: We summarize some of the developments in corporate sustainability. The guiding principles of corporate sustainability are developed on the global stage, but implementation of these principles necessarily occurs at the individual company level. Our aim is to educate actuaries on the broad principles, point curious readers towards more research, and inspire actions that actuaries can take within their organizations to strengthen the long-term sustainability of the industries that actuaries serve.

Description: On March 31, 2022, the SOA Research Institute assembled an expert panel to discuss key considerations related to climate risk analysis applied to life and health insurance companies. The panelists were selected to represent a wide and diverse array of opinions, and were encouraged to contribute from their own, individual perspective working in areas such as insurance, reinsurance, state regulation, consultancy, meteorology, and climate finance. A summary of the main discussion points is presented in this report.

Description: On March 31, 2022, the SOA Research Institute assembled an expert panel to discuss key considerations related to climate risk analysis applied to life and health insurance companies. The panelists were selected to represent a wide and diverse array of opinions, and were encouraged to contribute from their own, individual perspective working in areas such as insurance, reinsurance, state regulation, consultancy, meteorology, and climate finance. A summary of the main discussion points is presented in this report.

Description: On June 29, a weather system formed in the central Atlantic Ocean, off the coast of the Cabo Verde Islands. The system intensified as it traveled in a westerly direction across the Atlantic, achieving sufficient strength to be classified as a tropical storm on July 1, whereupon it was given the name “Elsa”.

Description: This research paper studies catastrophe insurance pools covering losses caused by extreme weather events.

Description: Explore an essay collection from the Society of Actuaries (SOA) Research Institute that focuses on how climate change may impact retirement security.

Description: This report was developed by the CESRC as an update of one Rob Erhardt prepared in 2016 that compiled a collection of sources that deal with what scientists know and what actuaries could do. Sources have been chosen with practicing actuaries and the public in mind. In the original report, nearly all governmental sources come from the United States. In the update an attempt was made to include sources from actuarial bodies and regulators worldwide. Please let us know if you have a source we did not include as it is anticipated that the SOA will continue to update a list of sources for these topics in the future.

Description: The objective of this paper is to discuss the factors that affect and should be considered in the development of social discount rates, with a primary focus on social cost-benefit analyses of climate change-related strategies, programs, and investments involving mitigation and ex-ante adaption efforts.

Description: This report examines weather extremes for daily maximum temperature (TMAX) and severe drought conditions. The heat extremes were most impactful in the Western U.S. and Canada, and the severe drought conditions are a continuation and worsening of the most extreme condition statuses in the Western U.S.