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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Pixel
Identify new market sectors, pinpoint adverse selection, and make better pricing decisions with a web-based premium comparison tool.
PinPoint
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Catastrophe reserving and loss reserve verification
Understand the impact of a large event on your portfolio, including analysis of loss-expected contract carve outs.
Climate resilience consulting
Plan for climate-related issues with sophisticated models representing more than 30 years of expertise.
Complex risk assessment
Manage threats and opportunities related to complex non-financial risks among people, systems, and the external environment.
Enterprise risk management
Embed ERM best practices into your organisation to create a structured and sustainable business management process.
Flood insurance
Improve flood insurance with independent flood rating and underwriting, ratemaking, and competitive analysis.
Predictive analytics solutions
Uncover valuable information hidden in your data, allowing you to take action on key business insight.
Start-up property & casualty insurers
Build on a solid foundation with decades of insurance expertise combined with cutting-edge technology innovation.
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