Assessing the impact of future climate change using catastrophe models

Online event
Tuesday, 26 January 2021
1:00 pm – 2:00 pm
    • Peter Sousounis PhD, Vice President and Director of Climate Change Research, AIR Worldwide
  • AIR Worldwide/IIL joint webinar

This is the fifth in a series of joint catastrophe modelling webinars between the Insurance Institute of London 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.

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

Examples from each of the three adaptations will be presented along with some sample use cases.

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

Due to the interactivity of the event, places are limited (1,000 places) and will be allocated on a first come, first served basis.

This webinar will be hosted on GoToWebinar. Please familiarise yourself with their T&Cs and Privacy Statement.

In association with AIR Worldwide

Venue
  • Online event

Booking information:

You will be sent a confirmation email shortly after booking. If you have not received this within one hour, please contact Patricia Pedraza (020 7397 3911).

CII Accredited

This demonstrates the quality of an event and that it meets CII member CPD scheme requirements.

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

It is recommended that you keep any evidence of the CPD activity you have completed and upload copies to the recording tool as the CII may ask to see this if your record is selected for review. Details of the scheme can be viewed online at www.cii.co.uk/cpd.