The Australian Actuaries Climate Index (AACI) for the summer of 2024/25 shows high sea levels and warm temperatures in Western Australia. Sea levels continue to be elevated across Australia. The Southern and South Western Flatlands (West) cluster, which covers Perth and the surrounding area, observed the highest sea level index value ever. The Bureau […]

The Australian Actuaries Climate Index (AACI) for spring 2024 shows extreme high sea levels and unusually warm minimum temperatures. The AACI shows that sea levels were unusually high in the spring of 2024. This was especially notable in the Monsoonal North region, which covers most of the northern part of Australia, where the highest ever […]

The Australian Actuaries Climate Index (AACI) for the winter of 2024 shows extreme high and low temperatures in all regions of Australia after winter heatwave. The AACI shows that winter 2024 brought extreme weather in almost all areas of the country. Tasmania recorded its second highest composite index value ever, with only the spring of […]

The Australian Actuaries Climate Index (AACI) for autumn of 2024 shows weather which would once have been considered extreme, now seems unremarkable relative to recent years.

The Australian Actuaries Climate Index (AACI) results for the summer of 2023/24 show that both low and high temperatures were warmer than usual. In addition, high levels of extreme rainfall and wind were observed in the north east.

The Australian Actuaries Climate Index (AACI) results for spring 2023 show the country experienced warm, dry conditions heading into summer. This was particularly pronounced in the south-west.

The latest Australian Actuaries Climate Index (AACI) recorded the 32nd consecutive positive value in the winter of 2023, indicating that the frequency of extreme weather was above the reference period average of 1981-2010 across Australia. This was primarily driven by the extreme high temperature index, which was the highest ever recorded for winter across the […]

The Australian Actuaries Climate Index has been updated for Autumn 2023, with the results adding to evidence that conditions for high bushfire risk are building. The latest Australian Actuaries Climate Index (AACI), which covers the autumn of 2023, shows the beginnings of conditions that could eventually be conducive to strong bushfires. This is driven by […]

ASIC Chair Joe Longo recently delivered a speech at the AICD Australian Governance Summit[1] outlining the practical meaning of enforcing director duties – one of which was the directors’ ability to challenge senior officers based on their knowledge and experience. In the traditional setting of insurance companies, the Appointed Actuary (AA) is one of the […]

The Australian Actuaries Climate Index has recorded the lowest composite index value since Winter 2020. The latest Australian Actuaries Climate Index (AACI), which covers the Summer of 2022/23, has recorded the lowest composite index value since Winter 2020. The results were primarily driven by the extreme high temperature and extreme rainfall components, which were both […]

The Australian Actuaries Climate Index has been updated for Spring 2022, with the results showing extreme weather conditions that have led to continued flooding in the southeast. The index measures the frequency of extreme weather conditions and sea levels across Australia and how these vary over time. It covers extreme high and low temperatures, extreme […]