Workshop

Climate Change and Insurance 2025 (CCI25)

10 Sep 2025 - 12 Sep 2025

The National Robotarium, Heriot-Watt University

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Useful Information

Programme (PDF)

Venue map

Scientific Organisers

Hirbod Assa, University College Dublin & Model Library

Carmen Boado-Penas, Heriot-Watt University

Julia Eisenberg, TU Wien

About Workshop

Following the success of the first Workshop on Climate Change and Insurance held in Vienna, we are delighted to announce that the second edition, CCI 2025, will take place in the beautiful city of Edinburgh from September 10 to 12, 2025.

The workshop continues its mission to deepen our understanding of how climate change impacts the insurance industry and to foster collaboration between actuaries and academics on both national and international levels.
Without proper management of its climate risks, the insurance sector is vulnerable, with the potential for underestimated claims to lead to the system collapse. Such a scenario could have catastrophic consequences for businesses and society at large.

Keynote speakers

Mathieu Boudreault, Université du Québec

Susanne Ditlevsen, University of Copenhagen

Simon Lloyd, Independent Researcher.

Mercedes Maroto-Valer, Heriot-Watt University

Peter Tankov, Institute Polytechnique de Paris

We look forward to your participation in advancing this critical dialogue for the benefit of society.

Programme

WEDNESDAY 10 SEPTEMBER

08.45-09.10

Registration

09.10-09.20

Welcome

09.20-10.20

Plenary session: Susanne Ditlevsen

Estimating tipping points in climate

Abstract

10.20-10.45

Refreshment

10.45-12.15

Parallel session

Session: Catastrophe Risks & Session: Climate Change and Indices

Session: Catastrophe Risks

Zherui Li

Refining vulnerability assessment in catastrophe (CAT) models with distributional regression: Application to flood damage forecasting

Abstract

Session: Catastrophe Risks

Minh Chau Nguyen

Optimal catastrophe risk pooling

Abstract

Session: Catastrophe Risks

Lukas Stricker

The role of insurance in flood risk management— revisited from a sustainability perspective

Abstract

Session: Climate Change and Indices

José Garrido

Feature and quantile selection for the actuarial climate index: Everything, everywhere, all at once

Abstract

Session: Climate Change and Indices

Cem Yavrum

Spatio-temporal crop yield prediction using time-varying copula and actuaries climate index

Abstract

Session: Climate Change and Indices

Antoine Mauger (15-min)

An actuarial climate index for the United Kingdom

Session: Climate Change and Indices

Daniel Precioso (15-min)

Industry-Academia collaboration: a dashboard on Climate Change and Mortality

12.15-13.10

Lunch

13.10-14.10

Plenary session: Mathieu Boudreault

Future projected streamflow and policy implications for flood insurance in Canada and the United States

Abstract

14.10-14.30

Refreshment

14.30-16.00

Parallel session

Session: Climate Risk Modeling I & Session: Predictive Models for Agricultural and Catastrophic Climate Risks

Session: Climate Risk Modeling I

George Tzougas

Investigating the effect of climate-related hazards on claim frequency prediction in motor insurance with incomplete data

Abstract

Session: Climate Risk Modeling I

Sylvain Rossi

Distortion-based tail risk assessment: Linking extreme climate events to economic losses

Abstract

Session: Climate Risk Modeling I

Aleksandar Arandjeloviċ

Deep Generative Modelling of Extreme Natural Catastrophes

Abstract

Session: Predictive Models for Agricultural and Catastrophic Climate Risks

Marie Michaelides

Bayesian forecasting of spatio-temporal dependencies in crop yields: A time-varying conditional copula approach with extreme weather effect

Abstract

Session: Predictive Models for Agricultural and Catastrophic Climate Risks

Alexandra B. Moura

A Bayesian approach for assessing catastrophic risks

Abstract

Session: Predictive Models for Agricultural and Catastrophic Climate Risks

José L. Vilar-Zanón

The influence of climate change on insurance sustainability: Evidence from Spanish agricultural insurance

Abstract

16.00-17.00

National Robotarium visit

16:30

Reception at the Grid building

THURSDAY 11 SEPTEMBER

09.00-10.00

Plenary session: Simon Lloyd

Temperature-related mortality, longevity and ageing: novel approaches, new insights

Simon Lloyd

10.00-10.30

Refreshment

10.30-12.30

Parallel session

Session: Climate and Mortality & Session: Climate and Risk Management

Session: Climate and Mortality

Jean-François Bégin

Modelling the impacts of climate change on deaths caused by heat and cold waves with age–period–cohort models

Abstract

Session: Climate and Mortality

Amin Hassan Zadeh

A climate-informed approach to mortality forecasting

Abstract

Session: Climate and Mortality

Jens Robben

Granular mortality modeling with temperature and epidemic shocks: a three-state regime-switching approach

Abstract

Session: Climate and Mortality

Stéphane Loisel

Recommendations and challenges regarding the construction of climate change impact scenarios in health and life insurance

Abstract

Session: Climate and Risk Management

Fanny Cartellier

Tying climate mitigation to risk sharing: towards better outcomes

Abstract

Session: Climate and Risk Management

Carlos Matos

Integrating climate variables into chain ladder method: A ridge-regularized generalized linear model approach

Abstract

Session: Climate and Risk Management

Carlos Oliviera

Managing the occurrence of adverse events by investing or exiting: a real options approach

Abstract

Session: Climate and Risk Management

Goncalo dos Reis

Current trends in the electric battery ecosystem

Abstract

12.30-13.30

Lunch

13.30-14.30

Plenary session: Peter Tankov

Climate risks, tipping points and emission reduction

Abstract

14.30-15.00

Refreshment

15.00-15.35

Nick Jessop

Economic estimates of physical damages

Abstract

15.35-16.10

Hirbod Assa

Parametric Climate Risk

Abstract

16.15-17.15

Panel discussion

18.15

Coach pick-up: in front of the National Robotarium to Apex

19.00

Gala dinner at the Apex Hotel

21.30

Coach pick-up: Apex Grassmarket Hotel to Marriott Edinburgh West

FRIDAY 12 SEPTEMBER

09.00-10.00

Plenary session: Mercedes Maroto-Valer

Abstract

10.00-10.30

Refreshment

10.30-12.00

Parallel session

Session: Optimal Control and Climate Change & Optimal dividends & Session: Climate Risk Modeling II

Session: Optimal Control and Climate Change

Nora Muler

Optimal dividends for a NatCat insurer in the presence of a climate tipping point

Abstract

Session: Optimal Control and Climate Change

Iqbal Owadally

Optimal long-term sustainable investment

Abstract

Session: Optimal Control and Climate Change

Ajla Nurkanović

Sustainable optimal investment & sustainable taxation

Abstract

Session: Climate Risk Modeling II

Renata Alcoforado

Bivariate discrete-time risk models: Application to financial and environmental costs in insurance – Risk models for motor insurance

Abstract

Session: Climate Risk Modeling II

Corinna Perchtold

Temperature-humidity-related mortality in Austria: A spatio-temporal model with fine-grained climate and mortality data

Abstract

Session: Climate Risk Modeling II

Bernard Wong

Enhancing stochastic variability in natural catastrophe models: application to tropical cyclone risks in Australia

Abstract

12.00-12.10

Closing remarks

12.10-13.00

Lunch

Resources

Programme (PDF)

Venue Map