Parametric insurance has existed for over 20 years, but its use has grown recently due to new technologie...
Weekly Cat Report July 1, 2022
Significant thunderstorm activity continued to affect several countries across Europe and resulted in additional severe convective storm-related losses between...
Significant thunderstorm activity continued to affect several countries across Europe and resulted in additional severe convective storm-related losses between...
Report / 3 hours ago
China's parametric catastrophe insurance to expand to Henan Province
Henan Province is the latest in China to announce a pilot program for parametric catastrophe insurance, with an initial focus on extreme rainfall...
Henan Province is the latest in China to announce a pilot program for parametric catastrophe insurance, with an initial focus on extreme rainfall...
Article / 1 day ago
China rains trigger Guangdong parametric catastrophe insurance
According to the local insurance regulator, extreme levels of rainfall in China have triggered parametric catastrophe insurance payouts for 16 cities...
According to the local insurance regulator, extreme levels of rainfall in China have triggered parametric catastrophe insurance payouts for 16 cities...
Article / 4 days ago
Weekly Cat Report June 24, 2022
Incessant rain since late May continued to plague southern China, with the deluge finally weakening by June 21...
Incessant rain since late May continued to plague southern China, with the deluge finally weakening by June 21...
Report / 7 days ago
AXA Climate & Hailios to expand access to parametric hail insurance
AXA Climate, the parametric specialist risk transfer managing general agent (MGA) unit of global insurance and reinsurance company AXA...
AXA Climate, the parametric specialist risk transfer managing general agent (MGA) unit of global insurance and reinsurance company AXA...
Article / 10 days ago
Weekly Cat Report June 17th 2022
The period between June 9-16 continued a stretch of nearly daily notable severe convective storm (SCS) outbreaks across the United States amid record breaking heat...
The period between June 9-16 continued a stretch of nearly daily notable severe convective storm (SCS) outbreaks across the United States amid record breaking heat...
Report / 14 days 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 / 15 days ago
Weekly Cat Report June 10, 2022
A persistent weather pattern generated daily severe weather outbreaks and Mesoscale Convective Systems (MCS) which traversed similar parts...
A persistent weather pattern generated daily severe weather outbreaks and Mesoscale Convective Systems (MCS) which traversed similar parts...
Report / 21 days ago
Analysis: Warming Africa threatens insurers' quest for profit - Reuters
The world's biggest insurers are expanding in Africa, looking to tap growth promised by a rising population and middle class, but climate change could complicate their quest for profits...
The world's biggest insurers are expanding in Africa, looking to tap growth promised by a rising population and middle class, but climate change could complicate their quest for profits...
reuters.com /
Article / 22 days ago
Malawi to receive parametric drought insurance payout from ARC
The African Risk Capacity (ARC) will make at least a US $14.2 million payout to benefit the people of Malawi, after the country's parametric drought...
The African Risk Capacity (ARC) will make at least a US $14.2 million payout to benefit the people of Malawi, after the country's parametric drought...
Article / 23 days ago
