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It is said that three in every four (or as many as 80% of) corporate insurance buyers have some form of exposure to weather-related risk...
Insurance buyers will be offered “transformed” policies as smart contracts and parametric insurance become more widespread, according to Lloyd’s...
Human influence resulted in a three-fold increase in the risk of the recent Cape Town droughts. That was the stark message from Professor Mark New, AXA chair...
India is set to become the world’s second-largest economy by the year 2030 (Source: Standard Chartered – by nominal GDP). The country has a young population...
Risk managers are being urged to study the recent Cape Town drought, to learn about the water-related risks facing large cities globally. In a new case study...
Cape Town’s water crisis should be seen as a lesson in changing behaviours and good risk management, according to Helen Zille, Premier of the Western Cape province...
A new paper on index-based insurances has been published by the International Association of Insurance Supervisors (IAIS). The paper, Index-based Insurances Particularly...
Parametric or index-based insurance can play a significant role in closing the insurance protection gap – the gap between insured and uninsured losses – and fostering global resilience...
The managing director of Singapore’s financial regulator has called for greater use of parametric and index-based insurance to close the protection gap in natural catastrophe and disaster risk...
Unlike traditional indemnity insurance, parametric insurance does not cover ‘full loss’. Instead, it pays out benefits based...
