Likely the greatest problem facing the world today is Climate Change. Some experts are even of the opinion that it was the abuse of our environment that caused the spread of COVID-19 from animals to humans. As actuaries, this is one of our major concerns. Environmental degradation leads to a myriad of problems which we must address.
Climate Change led the programme at our Annual Conference last December:
Our Keynote Session was a Round Table Discussion led by the Hon. Mia Amor Mottley, Prime Minister of Barbados:
Achieving a Greener, Smarter, Fairer Recovery and Resilience – Moving from Talk to Action. Other participants were Ekhosuehi Iyahen – Secretary General, Insurance Development Forum; Daniel Clarke – Director, Centre for Disaster Protection; Marla Dukharan – Chief Economist, Bitt Inc.; Racquel Moses – CEO, Caribbean Climate-Smart Accelerator; Sam Gutterman – Past Vice Chair of the IAA Resource & Environment Working Group
Also included at our Conference were:
- Measuring Climate Change with the Actuaries Climate Indices: the ACI & ACRI – Past, Present and Future – Steve Kolk (CAS)
- Managing Climate Risk – Louise Pryor (IFoA)
Remember, ALL sessions from our Conference are available at actuview!
Here are a few more actuarial articles of interest:
- Climate Change Reading List from the IFoA
- Climate Change Blog of the Actuaries Institute Australia
- Climate change and Risk Management – what should actuaries do? from Actuarial Eye
- IAA submitted comments on the IAIS Draft Application Paper on the Supervision of Climate-related Risks in the Insurance Sector
And a few other positives:
- Political leaders participating in the United Nations Summit on Biodiversity in September 2020, representing 83 countries, have committed to reversing biodiversity loss by 2030. Leaders’ Pledge for Nature
- As part of the Sustainable Markets Initiative, HRH The Prince of Wales, announces the ‘Terra Carta’ – a charter that puts sustainability at the heart of the private sector.
- Amid 2020’s gloom, there are reasons to be hopeful about the climate in 2021 from the Guardian Opinion.
Upcoming Actuarial Events:
- Central Bank of Trinidad & Tobago: The New Insurance Act and You – 26th January
- IAA Events
- SOA Events
- IFoA Events
- CIA Events
- CAS Events
Stay safe and be happy,
Your News Team: Shubhash, Betty, Pedro and Brian
The views expressed above are those of the authors and do not necessarily reflect the opinions, standards or policies of the CAA. The CAA assumes no responsibility or liability for the accuracy or completeness of content contained in any linked site.