The Actuary podcast

This podcast series from The Actuary magazine, the official magazine of the IFoA, will bring news, opinions and tips to help actuaries stay informed about policies and practice developments affecting their work. If you'd like to recommend a topic, be a part of the discussion or sponsor an episode and gain exposure across a highly engaged audience, please email [email protected].

What is data integrity, and why is a plumber urgently required? No matter the size of the company, data integrity is essential to insurers, particularly in capital modelling. In this episode, sponsored by AON, Tessa Moulton and Ed Muldowney set out the importance of data integrity, and outline ways to achieve it.

In this episode we are joined by experts from Moody’s Analytics and Isio, to discuss their experience of the practical applications of climate scenarios, and the opportunities and challenges insurers face in climate-conditioning their processes.

Speakers:

– Alasdair Thompson, Director, Research, Moody’s Analytics

– Laura Tadrowski, Director, Advisory Services, Moody’s Analytics

– Leah Worrall, Deputy Head of Sustainable Investment Insight & Investment Consultant, Isio

In this second episode in a series of three, we are joined by climate experts, Nick Jessop and Riccardo Rebonato for a thought-provoking discussion. Nick and Riccardo explore the ways that standard climate scenarios, such as those produced by the Network for Greening the Financial System (NGFS), can be used to create short-term stresses for financial markets and broaden the scope of climate analysis.

Guests:
Nick Jessop, Senior Director, Research, Moody’s Analytics
Riccardo Rebonato, Scientific Director of EDHEC-Risk Climate Impact Institute and Professor of Finance at EDHEC Business School
In association with Moody's Analytics.

Exploring climate change modelling for insurers
In a series of three podcasts, we are joined by experts from Moody’s and other industry specialists to explore the impact of climate change on risk modelling. We address the expectations and challenges of performing adequate analysis on both assets and liabilities, the practical applications, and what it means for processes such as the ORSA and SAA. Finally, we generate some thought-provoking discussion on whether insurers are missing some important risk factors in their analysis by looking too short-term.

Episode 1: How insurers are tackling climate risk modelling
In this episode we are joined by three Moody’s experts to explore how insurers are quantifying and assessing climate-related risks. We discuss how capturing both transition and physical risk is creating a new challenge for the industry.
Guests:

• Gavin Conn, Director, Insurance Research & Strategy, Moody’s Analytics
• Ragav Sawhney, Director, Product Management, Longevity, Moody’s RMS
• Joss Matthewman, Senior Director, Product Management, Global Climate, Moody’s RMS