Insurance Supervisors’ Group Seeks Collaboration to Cover Disaster Losses July 17, 2025 By Erica Yokoyama Collaboration between the public and private sectors, beyond just insurance, is essential to narrowing the so-called protection gap, as losses...
How Much Does a Heat Wave Cost? Insurers and CEOs Want to Know July 1, 2025 By Leslie Kaufman When a hurricane or a wildfire strikes, the economic damage is usually very visible — roofs are ripped off or...
Hedge Fund Strategy Built on Catastrophes Taps a Hot New Trend – Parametrics June 30, 2025 By Gautam Naik One of the most successful hedge fund strategies of recent years — insurance-linked securities — is latching on to an...
Markets/Coverages: Descartes Expands US Parametric Flood Cover for Businesses; EverPeak Takes Workers Comp Product to 11 New States June 26, 2025 Descartes Expands US Parametric Flood Cover for Businesses Parametric insurance company Descartes Underwriting has a new flood insurance product it...
Parametric Insurer Descartes Receives Investment From Battery Ventures June 18, 2025 Descartes Underwriting, the Paris-based parametric insurer for climate and emerging risks, announced a strategic investment by Battery Ventures, a technology-focused...
Premium Insurance Demand Rises With Global Travel Disruptions June 16, 2025 By Joanna Plucinska, Doyinsola Oladipo and Henry Gale With flight cancellations, delays and other disruptions on the rise, leisure travelers are being increasingly discerning over the level and...
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...