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North American actuaries have developed two localised indexes - the Actuaries Climate Index and the Actuaries Climate Risk Index [0]. “The Actuaries Climate In
by phs318u 2y ago
North American actuaries have developed two localised indexes - the Actuaries Climate Index and the Actuaries Climate Risk Index [0].
“The Actuaries Climate Index (ACI) measures the frequency of extreme climate events over recent decades for the U.S., Canada and 12 sub regions in North America.”
“The Actuaries Climate Risk Index (ACRI) illustrates the economic impact of climate risk and its evolution over time.”
There is work being done to develop a European ACI [1]. Australia has its own AACI [2].
[0] https://content.naic.org/cipr-topics/actuaries-climate-index https://content.naic.org/cipr-topics/actuaries-climate-index
[1] https://web.actuaries.ie/development-european-actuaries-climate-index https://web.actuaries.ie/development-european-actuaries-clim...
[2] https://www.actuaries.digital/category/climate-change/aaci/ https://www.actuaries.digital/category/climate-change/aaci/