AN UNPRECENTED CRISIS
Sustainability in the face of climate change
RISK MANAGEMENT
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?
We discuss what pension funds need to know about this draft statement including best practice insights and how to identify and assess risk.
Update to Supervisory Statement 3/19
An overview to the new ‘CP10/25 – Enhancing banks’ and insurers’ approaches to managing climate-related risks’.
2024 saw extremes of weather on every continent—including heatwaves, floods, droughts, wildfires and tropical cyclones.
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.
We review 10 items on the sustainability agenda for UK life and health insurers in 2025.
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.
Summary of notes from our Pinsent Masons and Milliman joint October forum
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’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.