At this event the authors will provide a short introduction to their ground-breaking paper on general insurance reserving for climate change, this year’s winner of the Brian Hey Prize. The paper considers 3 important topics (see below) for general insurance reserving actuaries arising from climate change. At the meeting there will be time for attendees to debate the issues raised in the paper and for the authors and guest experts to respond to questions raised. Climate litigation The paper introduces the topic of reserving for climate change through several litigation case studies. These provide background to some key issues reserving actuaries need to be aware of when determining how they address climate change in their reserve estimates. Communicating uncertainty The paper explores some of the challenges actuaries may face in communicating uncertainty in reserve estimates arising from climate change exposures. Potential solutions are suggested, particularly relevant to actuaries providing statements of actuarial opinion in the Lloyd’s market. Qualitative tools The paper describes some practical tools that reserving actuaries can use when analysing their portfolios. These include diagnostic questions for business functions and heatmap analysis tools for 2 portfolio types 

Speakers Sue Dreksler, Alex Marcuson, Josie Durley, Lucy Thomas, Martin Massey, Sarah Grimshaw, James Orr, Martin White