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Updated: Aug 25, 2025

An R-Based Landscape Validation of a Competing Risk Model
Published on: September 16, 2022
The only constant is change: opportunities and challenges for actuaries in a changing world
Frank Schiller1, Jérôme Crugnola-Humbert2
1Munich Re, AAE, Munich, Germany.
Abstract:
In a world threatened by climate warming and where Environmental, Social and Governance (ESG) issues are gaining increasing prominence, actuaries and other finance professionals need to adapt and support the transition to a more sustainable economy. This article examines how they can contribute to protect financial stability through forward-looking risk management, how they can help the insurance sector play an important role to support climate and environmental sustainability, and how climate protection gaps should be monitored and addressed.
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