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Assessing the impact of future climate change using catastrophe models

26 January 2021

Online
Assessing the impact of future climate change using catastrophe models

CPD Certified

1 hour's CPD can be claimed for this event if relevant to your learning and development needs.

Description

This webinar is the fifth in a series of joint catastrophe modelling webinars between the Insurance Institute of London (IIL) and AIR Worldwide (a Verisk business), aimed at improving members understanding of developments in extreme event modelling and risk evaluation in today’s insurance world.

In this webinar, Dr Peter Sousounis will explain how CAT modellers are developing new tools for estimating the future risk of climate change.

Assessing the impact of future climate change using catastrophe models

This session will provide an overview of how existing catastrophe modelling tools can be adapted to help industries, governments, and financial organisations better prepare for the potential consequences of climate change. Three kinds of tools being developed include:

  1. Creating climate change – conditioned catalogues that simulate catastrophic weather events under future climate regimes
  2. Augmenting existing catalogues with more extreme events to better reflect future risk
  3. Creating bespoke scenarios by perturbing historical or present climate catalogue events in ways that climate change would affect them

By the end of this webinar members would have gained an insight into:

  • Climate change impacts on extreme weather
  • How CAT models reflect the current and near future climate
  • Three techniques for adapting CAT models to reflect the future risk of climate change

The speaker

Peter Sousounis PhD, Vice President and Director of Climate Change Research, AIR Worldwide

Details

Date:
26 January 2021
Time:
1:00pm - 2:00pm GMT
Category:
, ,

Venue

This is an online event

Organiser

The Insurance Institute of London (IIL)
Phone:
+44 20 7600 1343
Email:
Iil.london@cii.co.uk
Website:
https://www.iilondon.co.uk/home/

Other

CPD text
1 hour's CPD can be claimed for this event if relevant to your learning and development needs.
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