Arbol and Pollen Systems have partnered to bring to market a "first-of-its-kind" product that combines parametric insurance ...

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 ...

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 ...

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 ...

There is an urgent need to design and scale smarter parametric insurance products to close the protection gap and build stronger resilience amid rising severity and frequency of climate risks.Smarter ...

A once-niche form of insurance is going mainstream, attracting major corporations and investors eager to hedge against climate risks and natural disasters, Bloomberg News reported Sunday. Parametric ...