Description: Integrated Assessment Models (IAM) combine scientific scenarios that project changes in greenhouse gas (GHG) levels, resulting in global temperature increases and meteorological volatility when GHG increases, with quantitative economic models expanding on an aligned narrative.

Description: This report examines weather conditions for daily maximum and minimum temperature (TMAX and TMIN), inland storm activity from wind, hail and tornadoes, record precipitation, tropical cyclone activity and the resultant flooding.

Description: This report was developed by the CESRC as an update of one Rob Erhardt prepared in 2016 that compiled a collection of sources that deal with what scientists know and what actuaries could do. Sources have been chosen with practicing actuaries and the public in mind. In the original report, nearly all governmental sources come from the United States. In the update an attempt was made to include sources from actuarial bodies and regulators worldwide. Please let us know if you have a source we did not include as it is anticipated that the SOA will continue to update a list of sources for these topics in the future.

Description: In the early morning of July 26, 2022, an extreme precipitation event hit St. Louis, leading to a new all-time record for daily precipitation and widespread flash flooding in the metro area, with one fatality reported so far. Government officials at the state, county, and city levels declared states of emergency, allowing affected residents and business to access assistance and resources. Several roads and Metrolink stations were submerged and impassable. Metrolink damage is estimated at $18-20 million, with some stations expected to be shut down for two weeks.

Description: The SOA and Milliman announce the completion of the first certificate program focused on measuring and managing climate risk for actuaries. The Climate Change Risk Certificate Program pairs the risk management acumen of actuaries with the interdisciplinary expertise necessary to manage the complexity of climate risk.

Description: Climate change is a risk that all sectors are facing, and both regulators and investors are expecting more disclosure around the ways in which companies are handling climate risk. The Task Force on Climate-related Financial Disclosure (TCFD) framework provides a way to disclose climate-related risks and management structure of these risks. Come learn about the leading framework for climate disclosures for insurers, with many of the framework's principles being used within the updated NAIC climate risk survey and SEC climate regulation. Take a deep dive into the TCFD framework and how it can best be used by life insurers, focused around the SOA sponsored research 'TCFD Best Practices'. Check out the current progress of the TCFD within the insurance sector, best practices of the framework, approaches that are currently taken to satisfy the framework, and how current insurers are using the framework within their business.

Description: This research studies catastrophe insurance pools covering losses caused by extreme weather events.

Description: Excel spreadsheet for Extracting Subsets of Data from GHCN Daily Dataset.

Description: The Mortality and Longevity and Catastrophe and Climate Strategic Research Programs are pleased to make available a report summarizing an expert panel brought together to discuss the impact of wildfires on U.S. health and life insurers.

Description: The Society of Actuaries Research Institute’s Catastrophe and Climate Strategic Research Program is pleased to release the following essay exploring the Actuarial Role in addressing Severe Thunderstorm Risks.