Quantifying Mortality and Morbidity Impacts from Climate Risks: A Practical Framework for Decision-Making

Quantifying Mortality and Morbidity Impacts from Climate Risks: A Practical Framework for Decision-Making

Author: Research Insights September 1, 2026 Duration: 23:55

How can actuaries assess mortality and morbidity risk when historical experience may no longer fully reflect a changing climate environment?

In this episode of the Research Insights Podcast, Dale Hall, Managing Director of Research at the Society of Actuaries Research Institute, welcomes Carlos Arocha, FSA, SCR, and Jérôme Crugnola-Humbert, SAV, IA, authors of the report Quantifying Mortality and Morbidity Impacts from Climate Risks: A Practical Framework for Decision-Making.

Carlos and Jérôme discuss how climate hazards, population exposure and vulnerability can translate into life and health outcomes and ultimately affect actuarial decision-making. They explore why historical mortality and morbidity data alone may be insufficient in a changing risk environment, how climate-related variables can be incorporated into mortality modeling, and what a case study examining France, Italy and Spain can teach actuaries about interpreting forward-looking scenarios.

The conversation also examines the "streetlight effect" and the "quantitative fallacy," along with practical considerations for life and health insurers seeking to better understand and prepare for climate-related risks.

Listen to the episode and explore the full report, accompanying actuarial toolkit, and additional research from the Society of Actuaries Research Institute by visiting SOA.org and navigating to the Catastrophe & Climate research area.

Read the Report:  https://www.soa.org/resources/research-reports/2026/climate-mortality-morbidity-framework/


Hosted by R. Dale Hall, FSA, MAAA, CERA, the Managing Director of the SOA Research Institute, Research Insights, a Society of Actuaries Podcast is a direct line to the critical studies shaping the actuarial field and related disciplines. This isn't just a summary of papers; it's a series of conversations that unpack the implications, methodologies, and real-world applications found within the Society of Actuaries Research Institute's extensive work. You'll hear discussions on recently released research reports, deep dives into studies featured at major SOA meetings, and explorations of other pivotal findings produced by the institute. Each episode is designed to translate complex data and sophisticated models into accessible insights, whether you're a practicing actuary, a professional in a related financial or risk management field, or simply someone with a keen interest in the science of uncertainty. The podcast serves as an essential audio companion for anyone looking to stay informed on the latest evidence-based approaches to insurance, retirement, finance, and health. By tuning in, you gain a clearer understanding of how rigorous research informs better business decisions and public policy. Occasional guest hosts bring additional perspectives, ensuring a well-rounded examination of each topic. For those committed to continuous learning and professional self-improvement, this series provides a thoughtful and substantive resource, naturally integrating detailed analysis with broader educational context.
Author: Language: English Episodes: 50

Research Insights, a Society of Actuaries Podcast
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