This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. With the insurance industry striving to better understand how factors ...

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, ...

The European Space Agency has teamed up with reinsurer Liberty Mutual Re to explore new avenues for climate risk parametric ...

In risk analysis, researchers often fit many candidate distributions to frequency and severity data and select based on goodness-of-fit. In a new study published in Risk Sciences, the authors ...

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 ...

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 ...

MIAMI & LONDON--(BUSINESS WIRE)--Augment Risk, an innovative reinsurance broker that offers bespoke solutions to its partners, today announced the launch of its Global Parametric Specialty division.

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 ...

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 ...