Building a More Consistent and Correlated View of Climate Change Risk

Physical climate change risk is becoming more embedded within our customers day-to-day workflows. We are seeing them move away from one-off analyses to climate change being part of their routine as a natural extension of risk modeling. This normalization will help (re)insurers become familiar with the changes ahead and start working towards mitigation measures.

To support the next step in your climate change journey, RMS is committed to expanding both the breadth of perils and delivering more advanced capabilities to our existing solutions. In June 2022, three new models to the RMS Climate Change Model suite will be available. We are adding climate change models for U.S. Inland Flood, U.S. Wildfire, and Japan Typhoon and Flood, in addition to upgrades to our existing North Atlantic Hurricane Climate Change Model.

In this webinar, we will discuss the new model additions to our climate change portfolio. Learn how the newest models help you: 

• Respond more effectively to new and emerging regulatory disclosures, such as the Bank of England’s Climate Biennial Exploratory Scenario.
• Demonstrate a clear understanding of climate change risk to your business in responses to investors and rating agencies.
• Build a more sustainable portfolio by quantifying both short- and long-term climate change risk to meet capital requirements for climate-related risk exposure.

Join us to learn more about the latest climate change updates from RMS.

Speaker

Joss Matthewman Senior Director, Product Management & Strategy, RMS

Joss Matthewman Senior Director, Product Management & Strategy, RMS

Joss Matthewman recently rejoined RMS as Senior Director of Climate Change Product Management & Strategy. Prior to this Joss was Head of Catastrophe Exposure Management at Hiscox, responsible for natural catastrophe, war, terror and political violence exposure management and reporting across the group.

Before joining Hiscox, Joss spent seven years in model development at RMS where he worked on the North Atlantic Hurricane and Asia Typhoon models, before being appointed Head of Storm Surge Modelling. During this period Joss joined the PRA working group on climate change which he continues to engage with today.

Prior to entering the insurance industry Joss obtained a PhD in Applied Mathematics from UCL and worked as a postdoctoral researcher in climate science at the University of California, Irvine. His published areas of research during this time include stratospheric sudden warmings and the impact of sea-ice on global atmospheric teleconnections.