Some of the world’s largest insurers are eagerly pitching cities, states and even school districts on policies designed to pay...
parametric insurance News
Swiss Re Corporate Solutions announced it is launching parametric water-level insurance called “FLOW.” This new index-based product is designed to...
CCRIF SPC (formerly the Caribbean Catastrophe Risk Insurance Facility) announced that British Virgin Islands and Montserrat have joined the facility...
Assured Risk Cover, provider of StormPeace residential parametric insurance, has announced that former Florida Insurance Commissioner Kevin McCarty has joined...
Miami Beach’s tourism industry has suffered one blow after another in recent years. First, Brazil’s economy tanked and a strong...
Corporate risk managers are buying parametric insurance policies to supplement, not replace, their indemnity-based policies. The parametric products worked well...
Britain is backing a hedge fund that aims to raise $200 million to give developing countries access to climate risk...
Parametric insurance can play a significant role in closing the insurance protection gap – a problem that plagues economies in...
After one of the worst Atlantic hurricane seasons in history, the world’s biggest insurers say the industry needs to get...
New types of insurance could cut the costs of natural disasters for poorer countries and reduce the amount of humanitarian...