Australian Actuaries Climate Index Launch


The Australian Actuaries Climate Index (AACI) was formally launched on Monday 12 November 2018 at the Institute's General Insurance Seminar.

ElayneGrace_TimAndrewsActuaries Institute CEO Elayne Grace and Tim Andrews, Principal, Finity at GIS2018 Launching the AACI, Tim Andrews commented that "the index is designed to help us understand how extreme weather, and hence risk levels, may be shifting as a result of climate change.” Elayne Grace stated that "this work will assist businesses to assess and report risks from climate change, and Australians more generally will be able to look at the data and see what’s going on.”


The media release announcing the launch of the AACI can be viewed here


Listen to Tim Andrews and Vanessa Beenders, Practice Excellence Adviser, Actuaries Institute discuss the development of the AACI and how it will assist policymakers and Australia’s businesses assess how the frequency of weather extremes is changing over time.