Being composed of the CIA, the Society of Actuaries and the Casualty Actuarial Society, the Joint Risk Management Section (JRMS) is one especially successful collaboration between North America’s three leading actuarial bodies.
A new report from the Canadian Institute of Actuaries (CIA) and the Casualty Actuarial Society (CAS) analyzes the impact of marijuana decriminalization on the vehicular accident experience in Canada and the United States.
Marijuana has been legal or decriminalized in Canada and other jurisdictions in North America for a few years now. There has been some concern that this would lead to increased usage, and consequently a higher level of auto insurance accident claims.
The winter 2020-21 data release of the Actuaries Climate Index (ACI), which provides objective measures of specific and aggregate changes in climate extremes and sea level across Canada and the U.S., shows a second consecutive small decline in the index’s five-year moving average and now sits at 1.19 points above the ACI reference period.
Since 2016, the CIA and its partners have released data from the North American Actuaries Climate Index (ACI) every quarter. The most recent release continues the tradition. But what can you do with this data? What does it mean? We caught up with members of the CIA’s Climate Change and Sustainability Committee (CCSC) to learn more about the ACI and help find out how you can make the most of it.
Canadian Institute of Actuaries
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SeeingBeyondRisk@cia-ica.ca