Attribution Science Methodologies from an Actuarial Perspective

The Climate Change Joint Committee released Attribution Science Methodologies from an Actuarial Perspective, a paper examining how attribution science, which quantifies climate change’s influence on extreme weather events, can be translated into financial, health, and social risk metrics. It highlights how property and casualty, life and pension, and health actuaries can apply these methods to estimate attributable losses, mortality, and health care costs, while addressing the limitations and uncertainties of the underlying science.