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 ...

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, ...

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

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 ...

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 ...

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 ...

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 ...

It's called parametric insurance, it offers protection for climate-related wage losses and it's gaining ground in India. On sweltering summer mornings, Laxmiben Nadia leaves her shanty by 8 a.m. to ...

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 ...

With the widespread recent media attention around the insurance crisis in Louisiana, Gov. Jeff Landry recently expressed his frustration with insurance rates, up on average another 6 percent in 2024.

Expecting parametric solutions to mitigate climate risks is like doodling in the dark rather than connecting meaningful dots. Dots is about proactively looking for root causes; visualising scenarios ...