Aon, Floodbase, Swiss Re Team on Parametric Storm Surge Solution for US Hurricane February 5, 2025 Aon plc said it has launched a new parametric insurance solution designed to address and mitigate commercial losses from hurricane-related...
Insurtechs’ Approach to Wildfire Insurance: Part II – Kettle January 22, 2025 By Allen Laman While the Los Angeles wildfires inch closer toward containment, estimates of insured losses continue to creep higher. CoreLogic said the...
Can China Shield the Biggest Uninsured Economy From Floods? December 19, 2024 By Coco Liu The rivers and canals that meander through Hemudu in southeastern China are a vital source of life and community —...
Guy Carpenter to Research Parametric Solutions in California, Florida December 12, 2024 Guy Carpenter said it is starting a research project to explore the use of parametric insurance solutions in California and...
Markets/Coverages: Rokstone Launches Global Parametric Product November 20, 2024 Rokstone, the London-based speciality re/insurance MGA that is part of the Aventum Group, has launched Rokstone Parametric in partnership with...
Amwins and Floodbase Launch Flood Insurance Program for California Municipalities October 10, 2024 Amwins and Floodbase have launched a municipal flood insurance program designed to insure California municipalities against previously uncovered losses due...
University of California Purchases Sensor-Triggered Earthquake Parametric Policy October 2, 2024 What is being called the first sensor-triggered earthquake parametric insurance policy in the U.S. was purchased by The University of...
Risks Too Big for Insurers Just Fed a $200 Billion Market Boom in Captives September 4, 2024 By Natasha White As the market for in-house insurance surpasses a record $200 billion, the underlying reasons for that boom show how a...
Markets/Coverages: Liberty Mutual Re, Insurtech Sprout Offer Parametric Cover for Kenyan Coffee Farmers Facing Climate Risk August 14, 2024 Liberty Mutual Reinsurance (LM Re), part of Liberty Mutual Insurance Group, has partnered with insurtech firm Sprout Inc. and the...
Parametric Insurance Helps Farmers and Others Hit Hard by Extreme Weather July 15, 2024 By Bill Spindle, Cipher News Joemar Flores, a spindly 28-year-old, gestured across his family’s farmland, nestled between a steep hill and a river, and expressed...