Sustainability in the face of climate change
Responding to climate-related risks
Key Issues and implications from CP10/25: Enhancing banks’ and insurers’ approaches to managing climate-related risks–update to SS3/19
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Off the radar: Common pitfalls in managing emerging risks and how to avoid them
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Roundtable insights: SS 5/25—How to survive, where to strive and ways to thrive
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.
Supervisory Statement 5/25: Enhancing banks’ and insurers’ approaches to managing climate-related risks
SS5/25 introduces clearer, more proportionate climate-risk expectations, calling on UK insurers to strengthen governance, risk and data capabilities.
Milliman 2025 ORSA sustainability benchmarking survey
Do European life insurers' ORSA scenarios and stress tests reflect a sustainable future?
What UK pension funds could learn from the CP10/25 Draft Statement on ‘Enhancing banks’ and insurers’ approaches to managing climate-related risks’
We discuss what pension funds need to know about this draft statement including best practice insights and how to identify and assess risk.
Summarising Consultation Paper 10/25: Enhancing banks’ and insurers’ approaches to managing climate-related risks
Update to Supervisory Statement 3/19
Is your firm’s approach to climate scenario analysis in line with the proposed UK regulations?
An overview to the new ‘CP10/25 – Enhancing banks’ and insurers’ approaches to managing climate-related risks’.
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.
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.
The 2025 sustainability agenda for UK life and health insurers
We review 10 items on the sustainability agenda for UK life and health insurers in 2025.
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.
Milliman products and information to help manage the risks posed by climate change
Milliman Complex Risk Analysis (CRisALIS)
Risk is complex and difficult to predict. Make the right strategic decisions and investments to protect your business with Milliman CRisALIS, providing tailored data selection, advanced modeling, a robust dashboard, and AI that predicts how risks will change over time.
Milliman Sustainability Services
Milliman’s approach to considering sustainability across the whole of enterprise risk management is helping our clients to achieve better ability, better agility and better alignment.