Dar_Shan0209
Ton up Member
Hi Anna and David
I hope you are well? I was impressed by the new material on climate change that was added in the SP9 CMP Upgrade for 2022. Page 22a has a question: " Describe in detail the potential impact of these three categories on the risk profile of a life insurance company." I was wondering how the solution might change if the question would have been for a general insurance company and a benefit scheme as well. Could you please let me know if the below is fine:
[Benefit scheme]: The same example as for the life insurance company would apply for the benefit scheme here?
[Benefit Scheme]: The same example as for the life insurance company would apply for the benefit scheme here?
Many thanks for your time and help. PS: I am assuming here that the examiners do not assess climate change from florist, wind power company etc... Is the past a good guide for the future though...
I hope you are well? I was impressed by the new material on climate change that was added in the SP9 CMP Upgrade for 2022. Page 22a has a question: " Describe in detail the potential impact of these three categories on the risk profile of a life insurance company." I was wondering how the solution might change if the question would have been for a general insurance company and a benefit scheme as well. Could you please let me know if the below is fine:
- Physical Risk
[Benefit scheme]: The same example as for the life insurance company would apply for the benefit scheme here?
- Transition Risk
[Benefit Scheme]: The same example as for the life insurance company would apply for the benefit scheme here?
- Liability Risk
Many thanks for your time and help. PS: I am assuming here that the examiners do not assess climate change from florist, wind power company etc... Is the past a good guide for the future though...