S1 E2: Navigating Waves of Uncertainty with Rade Musulin, Finity

In this episode of the Green Fix, we are joined by Rade Musulin, Principal at Finity. We dive into the impact of the new Trump administration in the U.S. global climate policy and investment, the role of actuaries in climate risk management, and the implications of the newly mandated Australian Sustainability Reporting Standards (ASRS).

We explore the economic consequences of policy changes, and the challenges faced in managing climate disasters, recently demonstrated by the L.A. fires. We also unpack the importance of climate scenario analysis and the need for a skilled workforce in the field of climate risk. 

Join us to hear Rade's reflections on the necessity of pragmatic approaches to climate action and collaboration across sectors.

About Rade Musulin:
Rade is a Principal at Finity based in Sydney. He is an US trained Actuary and has 45 years’ experience in General Insurance specialising particularly in property pricing, natural perils, reinsurance, agriculture, catastrophe risk modelling, public policy development, and climate risk.

His main areas of interest include how changing population demographics affect catastrophe exposure, climate change adaptation, applications of catastrophe models for disaster planning in developing countries, building code development, and community resilience. Rade has maintained close ties with academic institutions, including being a lecturer for undergraduate classes in actuarial science, risk management, and political science.

Rade has served as both a senior executive in the insurance industry and leader in the actuarial profession, including serving as CEO of a US General Insurance Company, Vice President – Casualty of the American Academy of Actuaries and Chair of the International Actuarial Association’s Resource and Environment Virtual Forum.

Your Hosts:
Dan Leverington
Loreto Gutierrez

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Topics covered:
Climate reporting, Australia, actuaries, climate risk, sustainability, US policy, economic impact, disaster management, scenario analysis, talent pool.