Climate Risk Is Showing Up in Market Prices: Here's Where to Look

Alistair is Head of the ESG Committee at Insurance Linked Strategies (ILS) manager Leadenhall Capital Partners. ILS, including liquid catastrophe bonds, provide protection to societies from natural catastrophe events. Modelling physical climate risks, researching and adapting models underpins the asset class. Alistair works day-to-day with Leadenhall’s investors and advisers. He has over 25 years experience in asset management and investment consulting at WTW, Aon, Schroders, SEI and Leadenhall. 

Maxine is a Senior Vice President at the GARP Risk Institute, GARP’s research and thought leadership arm, where she focusses on climate and environmental financial risk management. 

She has extensive experience in risk, capital and regulation gained from a wide-ranging variety of roles, including Global Head of Wholesale Risk Analytics and Head of Capital Planning at HSBC, significantly expanding counterparty credit risk management at the UK Financial Services Authority during the last financial crisis, leading the credit risk team at KPMG London, senior credit risk consultant at Oliver Wyman, and embedding operational risk analytics globally at National Australia Bank. Maxine has a degree in mechanical engineering and a PhD about how best to apply probability theory to real world problems.

Chris is a British climate-risk modeler, quantitative-finance researcher, and founder of Quant Foundry Limited, a London-based climate-risk analytics and consultancy firm. His work focuses on integrating physical and transition climate risks into financial systems, developing agent-based economic models, and designing climate-linked financial instruments for policymakers, regulators, and financial institutions. Cormack has collaborated with organisations including the Bank of England, academic researchers at the University of Oxford, the Centre for Greening Finance and Investment (CGFI), and various regulators and industry bodies.