Atmospheric hazards can cause significant socio-economic damages and therefore it is of paramount importance that their impacts and historical variability are well understood by those in the insurance and financial sectors. These groups are expected to deal with climate risk on multiple timescales, for example through enhanced risk assessments.
As the climate continues to change, an understanding of changes to frequency, severity, exposure, and vulnerability are all required for a multitude of different perils. Furthermore, attention needs to be paid to emerging risks, and also to global regions that may be more vulnerable in the future. This understanding will aid planning and potential operational changes for those in the private sector.
This session will explore studies on historical impacts, modelling of hazards, understanding of variability, risks from climate change, and quantifications of exposure and vulnerability. Submissions are encouraged from both academic studies, and research projects from within the insurance and financial sectors. In particular, submissions are encouraged that focus on:
- Quantification of historical variability in hazards around the globe
- High resolution modelling of impactful perils
- Studies on compound or correlated risks
- Assessments of future changes or trends in either hazard, exposure, or vulnerability with climate change
- Techniques for assessing hazards in climate models
- Use of large ensembles for modelling risks
- Studies on emerging hazards such as drought/wildfire
As the climate continues to change, an understanding of changes to frequency, severity, exposure, and vulnerability are all required for a multitude of different perils. Furthermore, attention needs to be paid to emerging risks, and also to global regions that may be more vulnerable in the future. This understanding will aid planning and potential operational changes for those in the private sector.
This session will explore studies on historical impacts, modelling of hazards, understanding of variability, risks from climate change, and quantifications of exposure and vulnerability. Submissions are encouraged from both academic studies, and research projects from within the insurance and financial sectors. In particular, submissions are encouraged that focus on:
- Quantification of historical variability in hazards around the globe
- High resolution modelling of impactful perils
- Studies on compound or correlated risks
- Assessments of future changes or trends in either hazard, exposure, or vulnerability with climate change
- Techniques for assessing hazards in climate models
- Use of large ensembles for modelling risks
- Studies on emerging hazards such as drought/wildfire