Flo odbase, a climate adaptation technology company that provides precise, near real-time data and analysis on flooding and flood risk, today announced its new brand. The company also launched a new ...

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 ...

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 ...

The increasing frequency and intensity of natural catastrophes associated with climate change has roiled the insurance industry, executives say. Testifying before the Senate Budget Committee earlier ...

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 ...

In today’s fast-paced and increasingly unpredictable global environment, large enterprises face mounting risks—natural catastrophes, climate-related disruptions, supply chain breakdowns and emerging ...

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

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 ...

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.