Severe convective storms (SCS) have surpassed tropical cyclones to become the costliest insured peril of the 21st century, according to...
parametric insurance News
Bold Penguin announced a partnership with Adaptive Insurance, expanding coverage options available through the Bold Penguin Placement Desk. Adaptive is...
The Caribbean parametric insurer, CCRIF SPC, announced it will make a second payout of US$21.1 million to the government of...
The Caribbean Catastrophe Risk Insurance Facility (CCRIF) announced it will make a payout of US$70.8 million to the government of...
The way communities nationwide recover from natural disasters may never be the same. The National Flood Insurance Program (NFIP) expired...
India’s government has begun early-stage talks with local insurers about designing a nationwide climate-linked insurance program aimed at simplifying the...
Willis, a business of WTW, announced the launch of a parametric policy that is activated automatically when a red weather...
Insurance solutions—more broadly referred to as risk transfer—that are parametric in design have become a common point of conversation between...
Liberty Mutual Reinsurance (LM Re) and Safehub, a provider of seismic sensor and risk management technology, announced the launch of...
Markets/Coverages: Volvo Launches Independent Agency; Arden’s Wildfire Program Backed by SiriusPoint
Volvo Launches Independent Agency Auto manufacturer Volvo has launched an independent insurance agency offering not just car insurance for Volvos...