Ecuador has contracted its first parametric agricultural insurance policies, benefitting up to 10,000 people in smallholder rice and maize farming ...

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 ...

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 ...

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

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, ...

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

When Storm Eva hit the United Kingdom in 2015, a surge of rain and river water inundated the streets of the small town of Tadcaster in northeastern England. Along with causing the town’s main bridge ...

The Bermuda Monetary Authority has launched a public consultation on plans to create a new insurer category to support parametric insurance and reinsurance business, as the island looks to expand its ...