CLIMATE RISK COALITION
Milliman Climate Resilience Initiative
We present insights shared during a January 2026 roundtable with UK risk and sustainability professionals as they navigate the PRA's latest climate supervisory statement.
We examine eight countries at various stages of implementation of IFRS frameworks.
SS5/25 introduces clearer, more proportionate climate-risk expectations, calling on UK insurers to strengthen governance, risk and data capabilities.
Do European life insurers' ORSA scenarios and stress tests reflect a sustainable future?
Why 2024 was the “Year of the Flood”—and what insurers can do now to manage climate-related financial risks.
Increasingly, large and destructive wildfires are devastating WUI communities and destabilizing homeowners insurance markets.
Milliman, Inc., a premier global actuarial, consulting, and risk management firm, today announced that the firm has won “Climate and sustainability consultancy of the year” in the 2024 InsuranceERM Climate Risk & Sustainability awards.
Accurate risk pricing can lead to more resilient communities.
What is subsidence and why is it a concern for UK insurers?
An overview to the new ‘CP10/25 – Enhancing banks’ and insurers’ approaches to managing climate-related risks’.
Learn how financial, regulatory, and community leaders from around the globe are collaborating to strengthen climate resilience.
As climate change accelerates, catastrophic events are becoming increasingly common. Whether flood, wildfire, or drought, MCRI is analyzing these events and modeling the risk to help reduce or absorb the impacts of climate change.
Where there is risk, there is also opportunity. Asset managers, institutional investors, and governments are showing increasing interest in climate-related investment. MCRI is investigating advanced approaches to data gathering and modeling to bring climate mitigation investment to the mainstream.
Understanding how climate change affects patterns of health and disease is critical to supporting human welfare. MCRI will expand on Milliman’s history of innovation in microinsurance, taking an expansive view of wellness impacts at the intersection of complex factors such as agriculture, disease, and nutrition.
As the world transitions to new forms of energy, economic growth, and regulatory requirements, governments and organizations need to navigate change successfully. Whether change stems from policy or public perception, MCRI is able to model transition risk so that organizations can build sustainable long-term strategies.
Organizations face liability risk when they fail to sufficiently disclose the effects of climate change on their businesses. MCRI seeks to quantify the magnitude and nature of these issues and help build new approaches to responsible governance that enable companies to become part of the solution.
MCRI understands the varied risks climate change poses to businesses, including insurance availability, regulatory requirements, and talent acquisition. Our modeling and data help businesses make smart financial decisions while building thriving workforces and communities.
