Considering its 200-year history, parametric insurance has been slow to adopt, with conventional insurers regarding it as a niche proposition, suited for the hardest-to-insure exposures. Inflation and ...

Parametric insurance products can help to address the increasing protection gap arising in respect of climate-related physical risk. As AI and data-collecting technology develops, more business areas ...

MINDANAO, Philippines — Joemar Flores, a spindly 28-year-old, gestured across his family’s farmland, nestled between a steep hill and a river, and expressed gratitude for the rice paddies in the ...

Developed in collaboration with parametric flood expert Floodbase, and leading global commercial insurer, Swiss Re Corporate Solutions, the new product can help bridge protection gaps in traditional ...

Chapter 2-Describes the market environment and major players. It provides basic information of these players along with competitive situation and market concentration status. Chapter 3-Introduces the ...

Speed of claims payout is one of the main advantages of parametric insurance over traditional coverage. Another is the breadth of financial loss that can be claimed in the payout of these policies.

Insurance is one of the few industries that have remained largely unchanged over the past few decades at a low level: You suffer losses as a direct result of something going south, and you get paid by ...

MINDANAO, Philippines (AP) — Joemar Flores, a spindly 28-year-old, gestured across his family’s farmland, nestled between a steep hill and a river, and expressed gratitude for the rice paddies in the ...