The African Union’s climate insurance agency will pay out at least $60 million to four southern African nations to help...
parametric insurance News
Interest in startups trying to shake up the insurance industry is on the rise as weather catastrophes worsen. The latest...
Liberty Mutual Reinsurance (LM Re), part of Liberty Mutual Insurance Group, has announced a partnership with Safehub, a technology provider...
A drought driven by the El Nino weather pattern is likely to trigger insurance payouts to four southern African countries...
Executive summary: Snow melt flooding is an imminent threat in the U.S., but there are steps insurance professionals can take...
Climate change is particularly perilous for small farmers. Warmer conditions are resulting in more damaging bouts of rain and drought,...
Descartes Insurance, the risk-carrying insurer formed in 2022 by climate-risk managing general agent Descartes Underwriting, has launched the first parametric...
NormanMax Insurance Holdings, the Miami, Florida-based parametric re/insurance group, has received “in principle” approval from Lloyd’s to launch a syndicate,...
Former U.S. Secretary of State Hillary Clinton called on Sunday for reform of the insurance sector, where companies are increasingly...
Low-income countries are struggling to access insurance, catastrophe bonds and other hedging mechanisms that could help protect them from the...