Description: This report examines weather conditions for precipitation, drought conditions, and tornadoes that are extreme in an historical context.

Description: Actuarial Weather Extremes: November 2021 Extreme Precipitation, Drought, and Late Season Tornadoes This report examines weather conditions for precipitation, drought conditions, and late season tornadoes that are extreme in an historical context. Extreme Precipitation in the Pacific Northwest: Many Global Historical Climatology Network (GHCN) stations in Northwest Washington state and Southwest British Columbia had record November daily precipitation amounts on November 14 and 15, 2021 when looking back to 1960. During and after those dates, many U.S. Geological Survey (USGS) stream gage stations in Washington had readouts that were from Flood Stage to Major Flood Stage. Drought Conditions increase in Continental U.S. as Drought Moves East: Severe drought conditions in the Western U.S. dissipated somewhat, but in the Continental U.S. as a whole, the footprint where drought conditions exist has increased overall, and is driven primarily by increased drought in South-central and Middle Atlantic states. Late Season Tornado Activity: Comparing the historical database of tornado activity and the recent activity in the state of New York, of 24 November tornadoes reported in New York since 1950, nine occurred on November 13, 2021. These late season tornadoes are rare in New York, and November 2021 was exceptionally active for these storms.

Description: Climate change affects everyone. Proactive responses that look forward to anticipate future conditions will optimize infrastructure investments rather than dealing with the crisis as extreme events arrive. Cities can address local concerns utilizing a process that is repeatable in other jurisdictions.

Description: Bonus edition on the IPCC WG II Sixth Assessment Report - Impacts, Adaptation and Vulnerabilities, as well as other timely topics regarding sustainability-related and climate-related disclosures.

Description: Over the course of ImpAct conference, we have taken you on a journey to understand the impact of climate change to the insurance industry. We have examined the risks to the industry both on a short and long term. We looked at tools and approaches, both on the liability and asset sides, to address this emerging risk. Evidences have shown, not only the need to incorporate climate risks is pressing, as an industry, we shall recognize the responsibilities to lead the evolution. This session aims to put everything together and explore progress on company's enterprise risk management (ERM) process to incorporate climate risks and enterprises' attempt to provide sustainability information to audiences in need. We will discuss the latest development in international standard on sustainability disclosure. We will diagnose the challenges on implementation and effort to resolve them. We will compare the requirements and latest developments across different jurisdictions and possible cross learning among them. To conclude, we will land on what opportunities are available to the actuarial community! At the end of this session, participants will be able to: - Discover requirements on sustainability reporting standards across different jurisdictions - Appreciate the challenges and progress to integrate climate risks in company's ERM approaches - Comprehend actuaries' opportunities and responsibilities to contribute

Description: A preview of the details and content of the new Certificate in Climate Risk to be offered by the SOA beginning in early 2023.

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 report, a case study on climate change impact on home prices is used to illustrate a Bayesian network iterative approach to building a model for scenario analysis.

Description: Climate change will lead to an increase in the frequency and severity of many weather-related hazards. In turn, these hazards will impact health outcomes for individuals. Explore examples of this connection with a climate scientist, including how the increase in wildfire severity in the western U.S. is expected to drive a 40% increase in organic carbon aerosols by 2050 and howheat stress will impact vulnerable populations and workers in non-air-conditioned environments. Investigating these relationships will increase literacy on disproportionate impacts of climate change-related health outcomes. Presenters will illustrate the disproportionate impacts by geographically analyzing climate change signals and comparing them with socioeconomic data. Last but not least, you will learn about the evolution in both voluntary and required disclosures for payors and the landscape of why understanding climate risk is relevant for many payors.

Description: Supporting data file for Actuarial Weather Extremes: Rainfall Totals for Hurricane Dorian report.

Description: In this short report, we summarize Dorian’s rainfall totals as measured via data from the Global Historical Climatology Network3 (GHCN).