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IAA Statement on COP26
Actuaries continue to support commitments to address climate risks
Climate change will likely seriously affect the entire world. The degree and timing of forecasted changes in our climate involve a great deal of uncertainty, creating widespread concern about its recent and potential impacts under various plausible scenarios. Even if the most severe climate-related risk scenarios do not materialize, it can be expected that our society will nevertheless be impacted. A range of effects is now being actively considered by governments, policymakers, regulators, businesses, scientists, and many others.

As key architects of insurance, pension and social security systems, both public and private, actuaries have long played pivotal roles in managing the uncertainties of financial risk. With the growing global recognition of the importance of climate-related risks, it is natural that actuaries are involved in addressing the rapidly evolving requirements and expectations of all stakeholders.

Read the full statement


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About the IAA

The IAA is a worldwide association of professional actuarial associations, with some special-interest sections for individual actuaries. The IAA guides the development of education and professionalism for the global actuarial profession and connects industry decision makers so that actuaries can continue to make a positive impact on society. 

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Our vision as actuaries is to be the foremost profession in the management of complex problems and their associated risks and opportunities. Actuaries apply unique skills and a professional approach to solving complex problems, advising on future risks, opportunities and options, across diverse fields and industries.

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May 2018

Risk Adjustments for Insurance Contracts - Paper & E-Copy

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May 2018

Risk Adjustments for Insurance Contracts - Electronic Copy

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October 2013

Discount Rates in Financial Reporting - Paper & E-Copy

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October 2013

Discount Rates in Financial Reporting - Electronic Copy

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