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 session will cover the latest information on annuity products. It will cover sales levels, product features, and pricing trends. It will also cover latest regulation effects on products and pricing. It will give the audience a well-rounded view of the annuity market and the current environment.

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: 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: How is extreme weather impacting you? If you live in California, you may have been impacted by the atmospheric rivers unleashing record-breaking rain and snow last winter. If you live in Canada or near Canada, you may have been impacted by the wildfires raging last spring. NASA has declared that the summer of 2023 was the hottest on record.

Description: This report provides statistical summaries of global warming trends using ERA5 data. The report compares temperature data from different time periods and highlights warming trends across air and sea-surface temperatures.

Description: Explore an essay collection from the Society of Actuaries (SOA) Research Institute that focuses on how climate change may impact retirement security.

Description: This article highlights some of the key elements included in the United States Government Accountability Office (GAO) report to Congress in July 2023 regarding the National Flood Insurance Program (NFIP).

Description: The SOA Research Institute Catastrophe & Climate Strategic Research Program Steering Committee is seeking researchers to put together a case study discussing scenario development, actuarial methodology, and how to incorporate climate-related tipping points into actuarial practice. With the march toward global temperature increase approaching 1.5 degrees Celsius above pre-industrial levels, it would be valuable to research what it would look like when the point has been reached and we are in an era, or “new-normal,” represented by more extreme climate-related events.

Description: This report looks at compound weather extreme events and their impacts, focusing on understanding how different weather and climate-related hazards interact. It discusses three types of compound events: temporally compounding, multivariate compounding, and spatially compounding events.