Milliman Climate Resilience Initiative
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The latest MCRI publications

Extreme weather in Europe
The toll of 2025’s extreme weather events across Europe—and steps insurers can take now to reduce the financial risks posed by climate change

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.
Climate-related risk management and sustainability disclosures in Africa
We examine eight countries at various stages of implementation of IFRS frameworks.
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?

Extreme weather in Europe
Why 2024 was the “Year of the Flood”—and what insurers can do now to manage climate-related financial risks.
WSTC Webinar: WUI Data Commons
Increasingly, large and destructive wildfires are devastating WUI communities and destabilizing homeowners insurance markets.
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.
Geocoding for insurance: Why location matters in risk pricing
Accurate risk pricing can lead to more resilient communities.
Will the UK property insurance market experience a subsidence event during 2025?
What is subsidence and why is it a concern for UK insurers?
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