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.

A warming world

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.

Article

Wildfire catastrophe models could spark the changes California needs

Wildfire risk has become a key focus of California property insurers.

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Products

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Premium comparison platform
Premium comparison platform

Pixel

Identify new market sectors, pinpoint adverse selection, and make better pricing decisions with a web-based premium comparison tool.

Risk analytics and reporting
Risk analytics

PinPoint

Milliman PinPoint delivers relevant geographic rating insights to your system at the point of decision through a simple API.

SERVICES

Related Milliman services

Catastrophe reserving and loss reserve verification

Climate resilience consulting

Complex risk assessment

Enterprise risk management

Flood insurance

Predictive analytics solutions

Start-up property & casualty insurance companies

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