Actuaries highlight the risks of climate change

Actuaries highlight the risks of climate change

Actuaries highlight the risks of climate change Next Wednesday (April 22) is Earth Day, an annual event highlighting support for environmental protection around the world. Ahead of this year’s event the American Academy of Actuaries is helping to get the message out about the risks we face from climate change and weather-related incidents. "The Academy hopes to enhance understanding among policymakers and the public at large of the increasing risks from extreme weather incidents," said Shawna Ackerman, vice president of the Academy's Casualty Practice Council. "Our aim is to evaluate and help manage exposure to these risks from an insurance perspective. We do that by combining an objective perspective on what current climate science is telling us with our actuarial expertise." The Academy is part of a group of North American actuarial organizations jointly developing the Actuaries Climate Index and the Actuaries Climate Risk Index, which will focus on measuring the frequency and intensity of extremes in key climate indicators in the United States and Canada.