The future is likely to bring even more customised parametric plans, underpinned by robust weather and pollution data ...

The frequency and severity of weather catastrophes are on the rise. From devastating hurricanes to prolonged droughts, I see these events exposing a glaring global coverage gap in insurance. Aon ...

Disasters such as wildfires are becoming increasingly frequent occurrences, leaving homeowners scrambling for ways to proactively protect themselves and recover financially. Traditional insurance ...

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 ...

Accessing parametric insurance policies is crucial to cover the insurance gap for a myriad of events that include man-made or natural catastrophes. Parametric insurance is an innovative alternative, ...

Expecting parametric solutions to mitigate climate risks is like doodling in the dark rather than connecting meaningful dots. Dots is about proactively looking for root causes; visualising scenarios ...

In today's rapidly changing world, risks are evolving. Climate change, rapid technological advancements, and accelerating industrialisation are transforming the global risk landscape. Recent ...

During this winter of extremes in California, with tragic wildfires raging in the south and most of the season’s rain falling in the north, the insurance market has fallen only deeper into crisis. But ...

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THE Philippine Crop Insurance Corp. (PCIC) said on Thursday that it will roll out a parametric insurance program to facilitate the settlement of claims by rice farmers affected by weather disruptions.