The Actuarial Society of SA (Assa) has created a new climate change practice area to enable the actuarial industry to better quantify the risks and financial impacts of long-term shifts in global temperatures and weather patterns.

Assa president and head of RGA EMEA Explore, Tjaart Esterhuyse, announced the new climate change committee to the more than 1,700 actuaries who attended the society’s 2022 convention on Thursday...

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