In the context of current developments of increasing economic and insurance losses combined with an acceleration of regulatory pressure, the need to develop risk management best practices is a top priority for the insurance market and companies’ strategies. Actuarial expertise and innovative methodologies can be used to quantify the impact of climate change on materiality assessments and scenario analysis.

In this session we will provide an overview of the current regulatory developments and recent consultations and introduce methodologies to addresses such regulatory requirements based on open-source data and with applications linked to the ORSA process for the French market.