Climate Risk
We support insurers to navigate climate risks, assessing their exposure to physical, transition, and liability risks. Our expertise in statistical techniques ensures we can provide comprehensive analysis of emerging evidence, impact assessments of balance sheet impacts, and robust risk management strategies.
What we offer
Projecting liabilities under climate scenarios
Using mortality modelling techniques, our experts predict the impact of changing temperatures on UK mortality rates, considering both optimistic and pessimistic temperature scenarios.
Mortality impact analysis
Our experienced actuaries can conduct an in-depth analysis which we’ll translate into quantifiable stresses of widely used mortality trend models.
Risk management and governance
We also offer readiness reviews to identify the specific functions in need of development. This ensures climate risks are integrated into existing structures, enabling more effective management.
Benchmarking
Our industry experts are well placed to provide bespoke insights on regulatory updates, ensuring that climate change management approaches remain consistently relevant and compliant.
Disclosures and reporting
We conduct detailed analysis into the changes in key financial metrics under IFRS 17, supporting insurers on the curation and population of IFRS 17 disclosures. We can also help with incorporating IFRS 17 specific output into management information packs.
Process improvement
Our experienced actuaries are skilled in reviewing reporting processes to identify critical paths, optimise workflows and leverage work between SII, accounting, and internal management calculations. We also help reduce reporting timelines by automating data collection and valuation processes.
Why choose 4most?
70+ actuaries
With generations of regulatory expertise between them. We understand all the metrics for success within the insurance world.
Trusted 100%
Our track record speaks for itself. In our most recent Client Satisfaction Survey, every single one of our clients recommended us.
Tailored to you
We take the time to understand your unique challenges so that we can deliver bespoke solutions that truly make a difference.
True specialists
There’s experts, and then there’s specialists. We live and breathe risk analytics consulting every day, which means we stay in tune with the latest trends.
Key contacts
Daniel Gill
Sachal Gandotra
“4most helped deepen our understanding of how climate change impacts our business and the financial risks it imposes. The solutions provided enable us to better manage regulatory and climate risk.”
