Description: 2020 and 2021 presented numerous challenges to life and annuity product development actuaries. External forces required carriers to rethink underwriting requirements and risk assessment in real time. Alterations in regulatory frameworks and statutory requirements forced changes to product development priorities while alterationsin the work environment forced changes in how work routines were structured. This session will bring together a group of life and annuity stakeholders to discuss how they addressed these and other challenges, and how their work will be impacted going forward.

Description: 2023 looks to already be the costliest year for insured severe thunderstorm damage in the U.S. surpassing the 2020 record of $44 billion, by August, and may very well surpass $50 billion for the full year. In addition to property damage, severe storms and hail have led to fatalities in the U.S. and the risks to populations in vulnerable structures seems to be worsening.

Description: Now that Covid and other viruses seem to be leaving us (hopefully!), what is left of the aftermath? For two locked-down years, we no longer could network face-to-face, meet with colleagues at work, do lunch or breakfast, enjoy meeting for coffee, nor attend conferences or other events to experience great speakers up close. Nor could we show up as one of those great speakers ourselves! This article explores what's next in our newly virtual world of public speaking!

Description: A call for project proposals to study the impacts of climate-induced migration on various areas which can influence the delivery of services and availability of insurance coverages.

Description: This report is targeted to actuaries that are interested in identifying the adverse human health outcomes resulting from anthropogenic climate change. This is accomplished by providing a detailed framework to evaluate the impact of extreme heat on human health and identify the role that anthropogenic climate change has on extreme heat events. Although this document is designed around extreme heat, the concepts can be expanded to other climate-related events. As the primary focus of actuarial research is to promote human health and minimize the preventable economic burden, this document also provides recommendations to mitigate against excess heat related illness (HRI) due to extreme heat.

Description: Professionalism did not start with COVID-19, but it has brought many new situations to our attention.Professionalism is more than just adhering to rules and regulations and it is complex. As an actuary, you need toconstruct your own “moral compass” and be prepared to make the tough personal and work-related decisions asthey arise. While difficult decisions may not be a common occurrence during your careers, your moral compass willmake it possible to act with confidence when something needs to be done. Finally, while the actuarial profession hascodes of conduct, it is ultimately your personal conduct that determines your reputation as a professional

Description: Bringing together industry experts spanning investment management and property/casualty insurance, this panel discussion will take the audience beyond spelling ESG correctly and will share their insights about what Environmental Social Governance is. Following is a sampling of the questions the panel will address: How did we get to the current economic state of ESG? Why is ESG controversial, and how has it become controversial? Does integrating ESG into the investment process enhance returns?

Description: With large parts of Italy back in lockdown due to a second wave of COVID 19, the P&C insurance market is still waiting for potential legal actions to emerge from those seeking compensation for negligent conduct during this exceptional catastrophe.

Description: Climate change is making a significant economic impact into the work that actuaries do. Actuaries working in general insurance have been at the forefront of this work for many years. Now, actuaries in investments, pensions, life and health insurance as well as enterprise risk management are considering the risks of climate change and quantifying the impact of climate change in their modeling. Actuaries can expect to hear of these developments in actuarial circles with speakers representing the Society of Actuaries, the Canadian Institute of Actuaries, the Casualty Actuarial Society, the Institute and Faculty of Actuaries (UK) and/or the International Actuarial Association.

Description: The five-year moving average of the Actuaries Climate Index (ACI) reached a new high for the sixth consecutive quarter, according to the latest data release that includes summer 2019.