Jamaica to Get 2nd Parametric Insurance Payout for Excess Rainfall From Storm Melissa November 7, 2025 The Caribbean parametric insurer, CCRIF SPC, announced it will make a second payout of US$21.1 million to the government of...
Update: Jamaica to Get Record $70.8M Parametric Payout for Hurricane Melissa November 4, 2025 The Caribbean Catastrophe Risk Insurance Facility (CCRIF) announced it will make a payout of US$70.8 million to the government of...
Viewpoint: Can Parametric Insurance Bridge the FEMA Gap? October 15, 2025 By Alex Kaplan The way communities nationwide recover from natural disasters may never be the same. The National Flood Insurance Program (NFIP) expired...
India Considers Introducing Nationwide Climate-Linked Insurance Scheme October 6, 2025 By Ashwin Manikandan India’s government has begun early-stage talks with local insurers about designing a nationwide climate-linked insurance program aimed at simplifying the...
Markets/Coverages: WTW Offers Parametric Insurance With Weather-Warning Trigger October 2, 2025 Willis, a business of WTW, announced the launch of a parametric policy that is activated automatically when a red weather...
Viewpoint: Rethinking Basis Risk in Structured Insurance Solutions September 11, 2025 By Matt Coleman Insurance solutions—more broadly referred to as risk transfer—that are parametric in design have become a common point of conversation between...
Markets/Coverages: Liberty Mutual Re, Safehub Launch Parametric EQ Insurance Cover August 29, 2025 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 August 22, 2025 Volvo Launches Independent Agency Auto manufacturer Volvo has launched an independent insurance agency offering not just car insurance for Volvos...
Renewables Battling Climate Change Now Need to Insure Against It August 20, 2025 By Ishika Mookerjee and Minmin Low Solar and wind energy companies are betting on a novel form of insurance to protect their assets against wild and...
South Africa Is Considering Flood Insurance for Large Cities August 4, 2025 By Antony Sguazzin South Africa is studying whether some of its largest cities should take out flood insurance after a series of disasters...