Description: Climate change is occurring. As a result, insured and uninsured losses are increasing. Billion-dollar (CPI adjusted) disaster events have increased in each decade in which they have been tracked since 1980.

Description: On March 31, 2022, the SOA Research Institute assembled an expert panel to discuss key considerations related to climate risk analysis applied to life and health insurance companies. The panelists were selected to represent a wide and diverse array of opinions, and were encouraged to contribute from their own, individual perspective working in areas such as insurance, reinsurance, state regulation, consultancy, meteorology, and climate finance. A summary of the main discussion points is presented in this report.

Description: The SOA Research Institute Mortality & Longevity Strategic Research Program and the Catastrophe & Climate Strategic Research Program Steering Committees [The Committees] are seeking researchers to investigate the impact of outdoor air quality and pollution on morbidity and mortality, with a focus on climate change including the impacts of wildfires focusing on regions where air quality has deteriorated significantly in recent history.

Description: As 2023 was the hottest year reported year globally, the study of the effects of excessive heat may significantly affect actuarial practice, including the quantification and management of its consequential and related risks.

Description: Excel file supporting weather extremes report.

Description: This report evaluates the impact and evolution of societal risk management due to projected future changes in frequency, severity, and variety of weather-related catastrophes.

Description: The SOA Research Institute Catastrophe and Climate Strategic Research Program released a report that explores the shifting geography of Lyme Disease in the U.S. and beyond and some of the potential determinants of its spread. Lyme Disease is a well-known disease particularly in the eastern U.S., and it is also prevalent in other geographies. This report researches the complex relationship between climate variables and the spread of Lyme Disease in the United States.

Description: Supporting excel file for April 2021 weather extremes.

Description: 2023 looks to already be the costliest year for insured severe thunderstorm damage in the U.S. surpassing the 2020 record of $44 billion, by August, and may very well surpass $50 billion for the full year. In addition to property damage, severe storms and hail have led to fatalities in the U.S. and the risks to populations in vulnerable structures seems to be worsening.