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 ...

CelsiusPro Group, a provider of parametric insurance solutions for climate risks, has partnered with ECOM Agroindustrial Corp Ltd., a soft-commodities ...

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 ...

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, ...

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 ...

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 distance. They’re still there ...

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 ...

Global Parametrics, part of the CelsiusPro Group, has partnered with Frontier Markets, a rural social commerce platform, to ...

If your home was destroyed by a sudden disaster that you couldn't control, you would hope that at the very least, your insurance would cover your losses. However, disaster risk financing systems are ...

With the widespread recent media attention around the insurance crisis in Louisiana, Gov. Jeff Landry recently expressed his frustration with insurance rates, up on average another 6 percent in 2024.

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 ...

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 ...