Actuaries Institute – Actuarial Eye

The first phase of uninhabitability is uninsurability

On: September 17, 2023

In: Climate Change, Insurance, Risk management

The first phase of uninhabitability is uninsurability – Michael Mann, renowned climate scientist.

As climate risks to property increase, the people who live in places exposed to those risk are less and less able to afford to insure their properties. Which will start to create climate ghettos. And the housing crisis in Australia will worsen, as areas in areas with high risk of disaster become uninsurable.Continue Reading

ICAAP – Lessons Learned

On: April 21, 2015

In: Insurance, Regulators, Risk management

On Wednesday this week (22 April), I am part of a panel discussion on ICAAP – comparing and contrasting the experience across the banking, life and general insurance industries. I’m representing life insurance. This post summarises the points from my introduction. I’ll come back and update with any interesting pointsContinue Reading