Blog

One of the big stories of late 2010 and early 2011 is the weather. We're sharing this Jan. 19 post from Jim Loveland's blog.

We would like to meet with you while you’re at AMS; please contact us. AER is contributing 13 presentations focused on these areas; see details on these presentations and speakers.

AER and two of the largest reinsurance firms, Willis and Zurich Financial Services, outlined opportunities in managing weather and climate risk for 200 insurance executives. In the current environment of increasingly volatile weather, property & casualty insurers are adopting the latest climate risk management approaches to improve financial performance – for their own and their clients’ businesses.

Not only are greenhouse gases a major force that is driving global warming, but their impacts on temperature change is also now known to be greater than initially thought. On top of that, annual global temperatures are continuing to accelerate. We have determined that, based on the average of a set of complex atmospheric model projections, the temperature will increase in the United States in each of its regions throughout the first half of the twenty-first century in both winter and summer.

As the year-end approaches, organizations review fiscal results and examine underlying trends. Senior executives are analyzing opportunity and risk scenarios as they plan for the months and years ahead. Regardless of industry, there is a major economic factor that impacts all commercial activities. Weather.