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 ...

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 ...

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, ...

Severe Tropical Cyclone Narelle's sweep across northern Australia handed the market a case study in alternative insurance ...

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 ...

On Dec. 13, 2024, New York Governor Kathy Hochul signed a bill integrating parametric insurance into the state’s existing legal framework for insurance products under the New York Insurance Law (“NYIL ...

A new report from global reinsurer Swiss Re has outlined that an array of sensor technologies has transformed how flood risk ...

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 — 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 ...

A London-based company has built a specialty managing general agent developing parametric insurance products for ...

As the 2026 Atlantic hurricane season approaches, the government of Cayman is considering expanding its hurricane protection ...

In many cases, insurance policies include a “war exclusion,” which allows insurers to exclude war-related losses. But leaders ...