Description: This report provides results from a recently conducted study using the AIR Wildfire Model for the United States and available climate and climate change information to estimate how climate change may influence wildfire losses to U.S. property by mid-century. The climate change conditioned catalogs were used to evaluate climate change impacts (relative change in losses) to the AIR Worldwide US Industry Exposure Database, with all factors other than area burned held constant.

Description: July 2023 was the hottest month on record in parts of the Southwest U.S. and was also the hottest month on record globally. It will be helpful to study the impacts of excessive heat and the applications to actuarial practice including quantification of risks resulting from it.

Description: Newly released spring 2019 data added to the Actuaries Climate Index show that more frequent extreme weather and increases in sea level continue to push the index upward. The ACI’s five-year moving average now stands at 1.16, up from 1.12 last quarter.

Description: Fifty-three percent of Americans responding to a survey conducted by the Society of Actuaries (SOA) Research Institute reported that extreme weather events – including hurricanes, tornadoes, heatwaves, wildfires and flooding – have adversely affected their health.

Description: The Society of Actuaries (SOA) Research Institute received a grant from the U.S. National Science Foundation (NSF) to educate insurance actuaries on the use of wildfire risk datasets and models to be developed by researchers from academia and the U.S. National Aeronautics and Space Administration (NASA).

Description: Many SOA members are familiar with the Actuaries' Climate Index, the result of an early and critical effort by North American actuarial organizations to grapple with the impact of climate change on our constituents. But did you know that the SOA continues to produce research on the nexus of environmental issues and the actuarial profession? And did you know that under its Strategic Research Program Initiative, the SOA has elevated its commitment to research through the development of a Climate and Catastrophe research program?

Description: A multiyear trend of increasing climate condition measurements from the United States and Canada continues, reaching a new high in winter 2019–20, the latest Actuaries Climate Index quarterly data release shows. The Actuaries Climate Index’s key metric of a seasonal five-year moving average presents a composite measure of long-term changes across an array of observed weather extremes and sea levels in the two countries.

Description: This report categorizes weather datasets into 8 main types, of which 5 are historical data and 3 are forecast data. Each of the 8 dataset types is described, and an illustrative example of each is provided.

Description: This article provides an overview of the GI Course within the SOA’s Climate Risk Certificate Program

Description: This report highlights major weather stories that unfolded across the month of December 2019