CLIMATE CHANGE
Social and economic impact
Scientifically established, yet hotly debated on the political stage, one thing that’s certain is that climate change is bringing with it a host of risks. Insurers, governments, experts, and citizens are coming together to mitigate short-term impacts and discover long-term solutions. Time is short and the implications are massive.
Unprecedented risk and uncertainty
The economic and social impacts of climate change are both potentially massive and incredibly difficult to predict. They test the limits of risk management and modelling capabilities. There is also increasing regulatory focus worldwide on reducing its impacts. We are working hard to understand and address these challenges in cooperation with industry experts, our clients, and the larger global community.
Wildfire catastrophe models could spark the changes California needs
Wildfire risk has become a key focus of California property insurers.
Flood warning: Working to provide better coverage
Parametrics: Insuring for agriculture, livestock & climate change
Milliman climate change insight
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