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Article
South African insurance industry climate progress
10 December 2024 - by Adél Drew
While most South African insurers are just starting to consider climate-related risks, our survey shows larger insurers and non-life insurers lead the pack.
Article
South Africa: Insurance industry update - November 2024
26 November 2024 - by David Kirk, Susan Melmed, Adél Drew, Chris van der Merwe, Gaël Neuhaus, Cameron Hollaway
In October 2024, Milliman hosted a breakfast for the South African insurance industry. We take a closer look at the topics discussed and highlight some of the key takeaways from the conversations.
Article
South Africa: Insurance industry update - August 2024
16 August 2024 - by David Kirk, Susan Melmed, Adél Drew, Gaël Neuhaus, Cameron Hollaway
Our insurance update for South Africa covers the latest regulatory issues, emerging risks, and the role of insurance in the Olympics.
Article
Inflation as a major climate-related risk
15 August 2024 - by Adél Drew, Nick Spencer, Yuliia Maznytsia, Arushi Mittal, Chew Hou Ng, Ishkar Singh, Tebogo Khomo
Given the potential impact of a sustainability transition on inflation, we map out a causal model, noting key narratives and interconnections of its components.
Article
South Africa: Insurance industry update - May 2024
03 May 2024 - by David Kirk, Susan Melmed, Adél Drew, Richard Taylor, Gaël Neuhaus
Our latest Insurance Update for South Africa covers regulatory themes, including discussion on vulnerable consumers, climate risk, and solvency changes.
Article
Milliman Climate Change Reporting Barometer
02 March 2024 - by Fanny Pouget, Jeremy Payen, Joanne Buckle, Adél Drew, Sinéad Clarke, José Silveiro, Aldo Balestreri, Tigran Kalberer, Menno van Wijk
We expect the gap to close between European (re)insurers, disclosures, and TCFD recommendations as a new format for sustainability reporting starts in 2025.
Article
Voluntary Carbon Markets – Opportunities, Challenges, and the Role of Insurers
01 December 2023 - by Adél Drew, Amy Nicholson, John Gakuya, Gibson Thuita, Monique Mahabir, Russell Ward
Insurers have enthusiasm for projects facilitated by VCMs but exercise caution before seeing material progress in addressing the risks and challenges.
Article
Operational resilience: Some common pitfalls in developing and implementing an effective framework
25 October 2023 - by Adél Drew, Eamonn Phelan
In the UK and Ireland, we look at the development and implementation of insurers' operational resilience frameworks, identifying some of the more common pitfalls.
Article
Roundtable: Life reinsurance – February 2023
29 March 2023 - by Adél Drew, Dilesh Patel, John Jenkins
In a Milliman roundtable, life reinsurance professionals discuss the post-Brexit regulatory environment for UK life branches, PRA priorities, and other matters.
Article
Climate change risk stress and scenario testing
15 December 2022 - by Claire Booth, Adél Drew, Amy Nicholson, Ian Penfold
We provide guidance for firms looking to incorporate stress and scenario testing for climate change related risks into their risk management frameworks.