A 2023 Atlantic hurricane season forecast from the UK Met Office is calling for a high level of tropical ...
ARC & Descartes team on first Djibouti multi-peril parametric policy
The African Risk Capacity (ARC), a provider of parametric disaster insurance products, has signed a first-of-its-kind multi-year, multi-peril...
The African Risk Capacity (ARC), a provider of parametric disaster insurance products, has signed a first-of-its-kind multi-year, multi-peril...
Article / 3 months ago
IRB Brasil Re blows through top of retro tower on drought loss
Brazilian reinsurance firm IRB Brasil Re has blown through the top of its retrocession tower due to an escalating claims burden from drought and agricultural losses in the country this year....
Brazilian reinsurance firm IRB Brasil Re has blown through the top of its retrocession tower due to an escalating claims burden from drought and agricultural losses in the country this year....
Article / 10 months ago
European wildfire risk growing, but hard to adequately price: Chaucer
European wildfire risk is a growing threat to insurance and reinsurance markets, with the amount of land burned jumping...
European wildfire risk is a growing threat to insurance and reinsurance markets, with the amount of land burned jumping...
Article / 11 months ago
Madagascar gets ARC parametric drought insurance payout as well
The country of Madagascar is the latest to benefit from a payout under its parametric drought insurance coverage from the African Risk Capacity (ARC)...
The country of Madagascar is the latest to benefit from a payout under its parametric drought insurance coverage from the African Risk Capacity (ARC)...
Article / 11 months ago
Philippines looks to reinsurance & parametrics for crop scheme
The government of the Philippines is said to be looking at sources of reinsurance capital to underpin the Philippine Crop Insurance Corporation (PCIC)...
The government of the Philippines is said to be looking at sources of reinsurance capital to underpin the Philippine Crop Insurance Corporation (PCIC)...
Article / 11 months ago
Severe storms in France to drive almost EUR 1.3bn insured losses
A spate of severe weather, thunderstorms, hail and other convective effects are set to drive insurance and reinsurance market losses of...
A spate of severe weather, thunderstorms, hail and other convective effects are set to drive insurance and reinsurance market losses of...
Article / 11 months ago
Zambia's ARC parametric drought insurance to payout US $5.3m
The African Risk Capacity (ARC) has paid out and already disbursed US $5.3 million to the Government of Zambia after the African nations parametric...
The African Risk Capacity (ARC) has paid out and already disbursed US $5.3 million to the Government of Zambia after the African nations parametric...
Article / 12 months ago
Munich Re backs parametric flood product for Colombian farmers
Global reinsurer Munich Re has collaborated with parametric insurance platform, Raincoat and Cloud to Street (C2S), a climate adaptation technology firm...
Global reinsurer Munich Re has collaborated with parametric insurance platform, Raincoat and Cloud to Street (C2S), a climate adaptation technology firm...
Article / 12 months ago
Drought-affected Mali to benefit from $7.1m ARC replica payout via the WFP
More than 204,000 people in drought-affected parts of Mali are set to benefit from a $7.1 million payout by the...
More than 204,000 people in drought-affected parts of Mali are set to benefit from a $7.1 million payout by the...
Article / 1 year ago
Vietnam joins World Bank's SEADRIF disaster insurance facility
The Government of Viet Nam, through its Ministry of Finance, has signed a Memorandum of Understanding (MoU) to become the eighth member of the Southeast...
The Government of Viet Nam, through its Ministry of Finance, has signed a Memorandum of Understanding (MoU) to become the eighth member of the Southeast...
Article / 1 year ago
