Climate scenarios inadequate, says IFoA
The financial sector must act urgently to embed climate change impact into its risk management, according to major research.
Source: theactuary.com
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A new study finds that banks underestimate the damage and disaster risk from the climate crisis
1 by 1 The climate crisis brings high risks as well as uncertainties - consequences we can't measure - Image: Alfonso Ningono/Unblash The climate crisis
Source: bobfm.co.uk
Study: Financial sector climate scenario models 'significantly underestimate' risk
Gaps in climate risk modelling in financial services sector could lead to 'complacency, heightened risk and missed opportunities', figures warn
Source: businessgreen.com
Climate scenario models underestimating risk
Climate scenario models in financial services “significantly underestimate” risk, a report by the Institute and Faculty of Actuaries (IFoA) and the University of Exeter has found.
Source: professionalpensions.com
What's on at the IFoA Conference 2023
Here's a preview of some of the many sessions that attendees can look forward to. Don't miss out – book your ticket by 5 June
Source: theactuary.com