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Climate Change & CAT Modeling 17.02.2025 Monday 10.45 - 11.30

Navigating the New Normal


Join us for a cutting-edge Stage Cession exploring the intersection of climate change and catastrophe risk modeling. As our planet faces unprecedented environmental challenges, understanding and accurately modeling catastrophe risks has become more critical than ever for the insurance and reinsurance industry.



Key Topics:


  • Latest advancements in catastrophe risk modeling
  • Incorporating climate change data into risk assessments
  • Impact of climate change on frequency and severity of natural disasters
  • Regulatory and reporting requirements related to climate risk


Regulatory and reporting requirements related to climate risk


  • 1.Data Uncertainty: Historical data may no longer be reliable due to rapidly changing climate patterns.
  • 2.Model Complexity: Integrating climate change factors into existing catastrophe models requires sophisticated approaches and expertise.
  • 3.Long-term Projections: Balancing short-term insurance needs with long-term climate change impacts presents significant challenges.
  • 4.Regulatory Compliance: Evolving regulations and reporting requirements for climate-related risks add complexity to risk management processes.
  • 5.Emerging Risks: New types of climate-related perils are emerging, requiring innovative modeling approaches.


Opportunities in Climate Change and Catastrophe Risk Modeling:


  • 1.Technological Advancements: AI, machine learning, and big data analytics are enhancing the accuracy and granularity of risk models.
  • 2.Collaborative Efforts: Increased cooperation between scientists, insurers, and policymakers is driving more comprehensive risk assessments.
  • 3.Product Innovation: Development of new insurance products tailored to emerging climate-related risks.
  • 4.Improved Resilience: Better risk modeling enables more effective disaster preparedness and mitigation strategies.
  • 5.Market Growth: The global catastrophe insurance market is projected to reach $39.3 billion by 2027, with climate change as a key driver.


This cession offers a unique opportunity to gain insights from leading experts in catastrophe modeling and climate science. Attendees will explore cutting-edge approaches to integrating climate change factors into risk models, understand the implications for the insurance industry, and discover strategies for navigating this evolving landscape.

Join us to enhance your understanding of climate change impacts on catastrophe risk modeling and stay ahead in this critical area of risk management.

Register now to secure your spot!