Description: Recent and potential near future extreme experiences are leading us to a new normal rather than back to the prior environment. Learn more about several examples of past Regime Changes along with a detailed discussion of how recent disruptions lead toward a persistent change in the business, social and political environment. Come develop an understanding of these drivers of change as well as the likely impacts on the Financial Services industry.

Description: There is value in a framework that allows a smooth transition from a qualitative assessment to a quantitative analysis as entities mature in their understanding of climate risk. In this webcast, a case study on climate change's impact on home prices, a topic the SOA published research on, will be discussed along with other perspectives. The goal of this webcast will be for attendees to takeaway knowledge and tools to begin to move toward quantitative assessments in their own fields of practice.

Description: Where once an insurer's chief investment officer (CIO) reigned supreme over assets-aided and sometimes hindered by the involvement of a chief risk officer (CRO)-these days managing portfolio risk and return seems to be an altogether more complex affair. No less of this complexity has come from the expansion by insurers into illiquid assets in the last decade. Moving away from traditional assets has raised scrutiny of liquidity risk management, but how do insurers tackle this? In a world 'brimming with large and growing portfolio allocations to illiquid private assets,' liquidity management concerns are distinct from a typical CRO's portfolio or asset risk orientation. There's a need to look at all aspects of a fund's liquidity demands and sources, such as top-down asset allocation, bottom-up private market deal-making activities, and internal and external operations. A dedicated liquidity management function should also be able to identify both explicit and potential liquidity demands and sources and, in particular, stay in touch with market movements and the regulatory environment. It should identify, evaluate and keep at-the-ready possible external liquidity facilities-for example, the secondary market for private equity stakes, a collateralized portfolio liquidity line, a repurchase agreement or a futures program. A high-quality liquidity management team can also identify when a fund has too much liquidity, the cost of being overly cautious and how to put excess liquidity to work.

Description: The world of climate risk disclosures has seen dizzying levels of change in the last few years. In 2023, many regulators have publicly issued guidance on what insurance companies and other FIs should look to disclose. So what are we seeing in these disclosures and how do we use this information? Join our panel of experts to learn about the evolution of U.S. life insurance industry's climate disclosures and how insurers of all sizes and complexities are responding to NAIC's requirements.

Description: There is value in a framework that allows a smooth transition from a qualitative assessment to a quantitative analysis as entities mature in their understanding of climate risk. In this webcast, a case study on climate change's impact on home prices, a topic the SOA published research on, will be discussed along with other perspectives. The goal of this webcast will be for attendees to takeaway knowledge and tools to begin to move toward quantitative assessments in their own fields of practice.

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.

Description: As one of the biggest emerging risks of our generation, climate change poses complex and materially unique risks to insurance companies. Limited availability of data is proving to be a challenge to accurately modeling these risks. While climate change poses a major risk to financial institutions it also presents tremendous opportunities to risk managers, risk carriers, and actuaries. Explore recent ESG initiatives from the Biden administration, NAIC, and New York regulators on climate change scenarios and what it means for insurance companies. By attending the session, you will: - Understand recent updates and news surrounding ESG and insurance. - Realize lessons learned globally from other countries shifting to an ESG environment. - Comprehend the unique risks of climate change versus typical stress/scenario testing. - Understand how climate change scenarios are developed.

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: Have you been impacted by a wildfire? A flood, maybe? If so, you know that climate change may impact on our health, our property, and, sometimes, our very lives. But do you know how it impacts your day-to-work? In this webinar, the speaker describes key climate risks actuaries need to be aware of and discusses available SOA research on climate change.

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.