Climate Change

On:
In: Climate Change, Demography, Statistics

In Australia, the number of deaths per annum is likely to increase by around 1% by 2030 up to 7% by the end of this century due to global heating. The extra deaths will mostly be at older age groups, and among those who find it harder to shelter from heat. There are likely to be other climate related reasons death rates will increase – extra pollution from fires, more tropical diseases, natural disasters –  not included in those extra deaths.Continue Reading

On:
In: Climate Change, Feature, Insurance, Risk management

The first phase of uninhabitability is uninsurability – Michael Mann, renowned climate scientist.

As climate risks to property increase, the people who live in places exposed to those risk are less and less able to afford to insure their properties. Which will start to create climate ghettos. And the housing crisis in Australia will worsen, as areas in areas with high risk of disaster become uninsurable.Continue Reading

On:
In: Australian Politics, Book Reviews, Climate Change, Covid19, Risk management, Work and life

I’ve just published my annual round-up of my non fiction reading for last year here. Do go and read the whole list, but here I’ll just mention my absolute favourites for the year (or at least the ones I keep telling people to go and read). A variety of topics, from history, to feminism, politics and risk culture, so I hope you’ll find one you like.  From each of the main themes I read this year, I’ve chosen one or two that I really loved.Continue Reading

On:
In: Climate Change, Statistics

Today the IPCC released its sixth assessment report, and I’ve had a look at what it says about extremes – weather and climate. In this land of drought and flooding rain, extreme weather is already damaging, and the IPCC report makes it clear that it is going to get worse – the extremes get more extreme faster than the medians move. Continue Reading

On:
In: Climate Change, Feature, Risk management

How should actuaries advise their companies on climate change? Increasingly all financial institutions need to consider the impact of the risks associated with climate change on their core businesses. Even if they aren’t exposed to the physical risks of climate change (as general insurers are), other risks are increasing and need to be managed.Continue Reading