Milliman Climate Resilience Initiative
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The latest MCRI publications
Where is Europe’s next flash flood? Quantifying extreme precipitation and flash flood risk in Europe with extreme value theory
We use extreme value theory to assess the risk of catastrophic precipitation events in Europe, identifying the highest risks along the Mediterranean coast.
What is “Zone Zero” in wildfire mitigation? An introduction to defensible space
What is Zone Zero in wildfire mitigation, and why are insurers, regulators, and homeowners paying attention to the 5 feet closest to a structure?

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?
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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