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CLIMATE RISK COALITION

Milliman Climate Resilience Initiative

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Research report

Extreme weather in Europe

Why 2024 was the “Year of the Flood”—and what insurers can do now to manage climate-related financial risks.

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webinar

The WUI Data Commons: Driving wildfire resilience through data transparency

Increasingly, large and destructive wildfires are devastating WUI communities and destabilizing homeowners insurance markets. In the face of these rapidly changing conditions, insurers and reinsurers need accurate and comprehensive information to better understand and manage the risk.

Press release

Milliman wins “Climate and sustainability consultancy of the year”

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.


video library

Watch MCRI webinar sessions on demand

Learn how financial, regulatory, and community leaders from around the globe are collaborating to strengthen climate resilience.


INSIGHT

The latest MCRI publications

 
Video

Wildfire Mitigation Alignment Webinar

On February 12, 2024, a webinar was held on how California’s investment on wildfire mitigation, statewide alignment, and how the insurance industry works together to align in a common goal of preparing communities for wildfire.

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White paper

The 2025 sustainability agenda for European life and health insurers

2024 saw extremes of weather on every continent—including heatwaves, floods, droughts, wildfires and tropical cyclones.

White paper

Climate forecast: Looking beyond net-zero mortality predictions

We share our initial findings from building a prototype causal model to explore the interactions of various climate and socio-economic factors on excess mortality.

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Article

If there were a 1 in 6 chance of 8°C degrees of warming, what would you do differently?

We sought to provide an update on current climate science, identified significant gaps in climate scenario modelling and emphasised the need for a paradigm shift in risk management strategies.

White paper

Greenwashing and climate transition plans

Summary of notes from our Pinsent Masons and Milliman joint October forum

White paper

Beware “net-zero” mortality and morbidity!

While this phrasing may echo the net-zero climate emissions target, is it a reasonable assumption? Is this net-zero ‘echo’ a potential trap?

White paper

The rise and fall: Climate change and inflation modelling

In this article for the UK’s The Actuary magazine, we explore the relationship between climate change and inflation modelling.

Article

Embedding sustainability within insurance governance frameworks and risk culture

This article explores how (re)insurers can embed sustainability within governance frameworks and risk culture.

Benchmarking survey

South African insurance industry climate progress

Key observations from the inaugural Milliman Benchmarking Climate Survey in South Africa

White paper

The impact of climate change on winter mortality: A complex phenomenon with an uncertain future

In this study, we detail the mechanisms of the impact of changing winter weather conditions on the human body, define the climatic variables of interest, and present appropriate models.


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AREAS OF EXPERTISE

Climate intelligence for key decisions

Initiatives

MCRI cross-industry collaborations

The UNDP-Milliman Global Actuarial Initiative

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MCRI cross-industry collaborations

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Services

See how we’re anticipating, measuring, and responding to climate risk

PRODUCTS

Data-driven solutions for climate resilience

Geographic rating insights

PinPoint

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Modern flood insurance program

Bungalow

Healthcare analytics

MedInsight

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