About This Event
An analysis of the impact of climate change on financial institution solvency, profitability, and other key performance metrics is, or is likely to be, required by financial regulators in most major economies in the very near future. Regulators are signaling that such impacts should be assessed through the use of scenario analysis, both qualitatively and quantitatively. This session will first provide an overview of the emerging regulatory landscape for insurers as it relates to the disclosure of climate risk. The session will then explore the mechanics and current best practices that actuaries and risk modelers may use in performing qualitative and quantitative climate risk scenario analyses, covering both physical and transition risks.