In the increasingly volatile world of catastrophe risk, the primary hurdle for third-party capital has rarely been the risk ...
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.
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 ...
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 ...
The reinsurance market has seen an increase in risk capacity from dedicated parametric underwriters and capital providers, according to reinsurance broker ...
Insurance is one of the few industries that have remained largely unchanged over the past few decades at a low level: You suffer losses as a direct result of something going south, and you get paid by ...
The Bermuda Monetary Authority proposal to recognise parametric insurance structures as a new class of Special Purpose Insurers, has drawn comment from law firm, Conyers. The BMA published a ...
Opinion
Business Daily Africa on MSNOpinion
Why Africa’s insurers must rethink parametric products for farmers’ sustained resilience
There is an urgent need to design and scale smarter parametric insurance products to close the protection gap and build stronger resilience amid rising severity and frequency of climate risks.Smarter ...
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