The frequency and severity of weather catastrophes are on the rise. From devastating hurricanes to prolonged droughts, I see these events exposing a glaring global coverage gap in insurance. Aon ...

MINDANAO, Philippines — Joemar Flores, a spindly 28-year-old, gestured across his family’s farmland, nestled between a steep hill and a river, and expressed gratitude for the rice paddies in the ...

Global Parametrics, part of the CelsiusPro Group, has partnered with Frontier Markets, a rural social commerce platform, to ...

The future is likely to bring even more customised parametric plans, underpinned by robust weather and pollution data ...

Accessing parametric insurance policies is crucial to cover the insurance gap for a myriad of events that include man-made or natural catastrophes. Parametric insurance is an innovative alternative, ...

Joemar Flores, a spindly 28-year-old, gestured across his family’s farmland, nestled between a steep hill and a river, and expressed gratitude for the rice paddies in the distance. They’re still there ...

Chapter 2-Describes the market environment and major players. It provides basic information of these players along with competitive situation and market concentration status. Chapter 3-Introduces the ...

Parametric insurance products can help to address the increasing protection gap arising in respect of climate-related physical risk. As AI and data-collecting technology develops, more business areas ...

Business Applications and Space Solutions (BASS) has signed a Memorandum of Intent (MoI) with Liberty Mutual Reinsurance ...

A once-niche form of insurance is going mainstream, attracting major corporations and investors eager to hedge against climate risks and natural disasters, Bloomberg News reported Sunday. Parametric ...

If your home was destroyed by a sudden disaster that you couldn't control, you would hope that at the very least, your insurance would cover your losses. However, disaster risk financing systems are ...

MINDANAO, Philippines (AP) — Joemar Flores, a spindly 28-year-old, gestured across his family’s farmland, nestled between a steep hill and a river, and expressed gratitude for the rice paddies in the ...