Climate Change Risk Assessment for the Insurance Industry

Risk managers need to play an increasing role in driving the scenario selection and design decisions to assess future climate scenarios in a rapidly changing world. Please find a report from The Geneva Association at the link below, which outlines how the insurance industry is taking steps to strengthen further its global collaboration across P&C and life re/insurers to advance methodologies and tools for climate risk assessment and scenario analysis for both sides of the balance sheet. One Risk Consulting is currently working with Milliman to develop an innovative process that can help organisations through assessing key triggers and drivers on future profitability across an insurers insurance risk profile.
Link Here