Moody's Analytics Scenario Generator User Forum Webinar Series, Europe & APAC, Session 2
Implications of Climate Change for Life Insurer's Risk Modelling and Strategic Asset Allocation
Introduction: Climate change - a global crisis & overview of how the market is responding (e.g. BES and SII reporting)
Our approach to modeling physical climate risk - economic losses and damages, impact of climate change on economic growth, relationship between economic growth and long-term financial prices and returns
Our approach to modeling transition risk - withdrawing fossil fuels subsidies and growth in carbon taxes as a driver of change, the emergence of decarbonisation as a significant macro trend and financial risk factor
Insights and use case - Strategic asset allocation