On March 20, 2026, Alpha-Klima and Instituto BME will hold the course “Advanced Climate Risk Management in the Insurance Sector” in Madrid, an intensive 6-hour training designed to help insurance professionals understand and manage the impact of climate risks in their institutions in a more advanced and practical way.
The course combines regulatory context, quantitative methodologies, and practical application to strengthen climate risk management in the insurance sector and support its integration into both business and risk decision-making.
Course objective
To provide professionals with the tools to integrate climate risk into business and risk management, combining the current regulatory framework with quantitative methodologies and a practical case study.
What will you learn?
- Regulatory framework and supervisory expectations, with a focus on EIOPA Guidelines, the integration of ESG risks into ORSA, and the DGSFP approach.
- How to structure the identification and materiality assessment of physical climate risk, across different time horizons, lines of business, and exposures on both the asset and liability sides.
- Quantitative methodologies to assess impact, including climate data, hazards, vulnerability models, and the generation of risk scores and aggregation metrics.
- How to calculate quantitative metrics, such as expected losses or Value at Risk (VaR), to estimate financial impact at asset and portfolio level.
- Practical application, through use cases and a roundtable discussion for debate, questions, and exchange of experience.
Featured speakers
The session will include high-level guest speakers, together with the Alpha-Klima team, including participation from:
- Dirección General de Seguros y Fondos de Pensiones (DGSFP)
- Grupo Catalana Occidente (GCO)
Target audience
This course is aimed at professionals in the insurance sector and consulting firms that need to understand, apply, and communicate regulations and methodologies related to physical climate risk.
Practical information
- Date: March 20, 2026
- Schedule: 09:30–14:00 and 15:00–17:00
- Coffee break: 12:00–12:30
- Networking lunch: 14:00–15:00
- Format: Online/In person at Instituto BME (Palacio de la Bolsa, Madrid)
- Duration: 6 hours
Registration
A discount code, ALPHAKLIMA20, is now available for course registrations.
You can register now, and download the programme.
