In July, the IAA Resource and Environment Working Group released a Discussion Paper on Flood Risk. On October 23rd at 7:00 AM EDT, three of the authors, Sam Gutterman, Stuart Mathewson and Rade Musulin, will host a webinar to provide an overview of this paper which provides a description of flood risk and how it can be managed. Aspects covered will include: the entire flood risk management process; methods that can be used to assess, mitigate and finance the risks involved; the role of insurance and governments; public policy implications; and the role of actuaries. It is intended to provide a fundamental background and encourage discussion on this important topic for use by actuaries, regulators, and public policy planners around the world. Floods are a major threat to life, health and property across the world, making the methods of mitigating and financing them vitally important. A wide variety of approaches to manage this risk have been taken by both the private and public sectors, the best combination of which has to be determined by each country.
To register: register online.