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Navigating Climate Challenges in Insurance (Royal Meteorological Society)

Events|

29/01/2024

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29th January, 11:00 – 17:30 | Brit Group, London

How should the difference between natural variability and climate change be quantified? How can climate model output be leveraged for analysis of future physical and transitional climate impacts? How can uncertainty be accurately quantified in climate model projections?

The roundtable discussion will bring together experts from academia and the insurance and catastrophe risk sectors to tackle these questions and more.

This RMetS roundtable discussion, partnered with WTW and Brit Insurance and in collaboration with the CGFI, is a unique opportunity to systematically review, discuss, and contribute to the state of research and best practices of weather and climate data utilisation within the insurance sector.In the initial registration phase, you will have the opportunity to specify your area of interest and expertise. This information will be instrumental in shaping the focus of discussion groups that will address specific global natural hazards throughout the event. Due to the limited capacity of this event, attendees will be selected to ensure a balance of perspectives in the discussion groups.

The insurance sector strives for a better understanding of the weather and climate risks influencing the exposure it insures. Diverse datasets are available to help achieve this, however often a lack of expert guidance and/or data relevance inhibit progress in this field. This event will address knowledge and data gaps that are most significant in inhibiting sectoral growth in this field.

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