Description: Actuaries can play an active role in social impact toby helping vulnerable communities access otherwise inaccessible insurance that can help increase their climate change resilience and improve their living conditions by lowering the risks that they face.

Description: The growing global recognition of the importance of climate-related risks (transition and physical) has triggered a significant demand for research on the interface between climate and actuarial sciences, for example on the impact of risks from climate change on insurance markets and their operations. Furthermore, the systemic nature of climate-related risks underpins actuaries’ need to engage and work with diverse groups of stakeholders, including clients, communities, governments, regulators, boards, and investors. Contributions are invited for a special issue of the Annals of Actuarial Science featuring research on the topic ‘Managing Climate-Related Risks’. This special issue aims to capture leading interdisciplinary thinking, with clear relevance to actuarial problems in pensions and insurance.

Description: The SOA Research Institute Catastrophe and Climate Strategic Research Program released a report that explores the shifting geography of Lyme Disease in the U.S. and beyond and some of the potential determinants of its spread. Lyme Disease is a well-known disease particularly in the eastern U.S., and it is also prevalent in other geographies. This report researches the complex relationship between climate variables and the spread of Lyme Disease in the United States.

Description: The most recent report covers the strong heat wave hit the United States, particularly in the Midwest and South during the second week of June 2022 .

Description: On June 3, 2022, a low-pressure storm that would become Tropical Storm Alex hit south Florida, bringing historically heavy amounts of precipitation. According to ASOS stations at Fort Lauderdale (FLL), Miami International Airport (MIA), and West Palm Beach (PBI) airports, precipitation totals for June 4, 2022, were 6.6 inches, 5.3 inches, and 4.5 inches, respectively.

Description: The Society of Actuaries (SOA) Research Institute commissioned a study to understand how insurers are responding to the framework used for climate disclosure practices, attempting to identify current practice and best and emerging practice. Used by firms to ensure they manage climate risk appropriately, the framework from the Task Force on Climate-related Financial Disclosures (TCFD) focuses on disclosure of governance, risk management, strategy, and metrics.

Description: The most recent report covers the strong heat wave hit the United States, particularly in the Midwest and South during the second week of June 2022 .

Description: View the Exhibits - Hurricane Ian Data, 09262022 to 09292022(Excel file).