Months after a catastrophic fire burned more than 2,200 homes and killed 101 people in Hawaii, some prope...
Parametric Coverage - Addressing the Dynamics of Climate Risk Transfer (Panel)
John DeMartini, managing director for Guy Carpenter, discusses parametric products...
John DeMartini, managing director for Guy Carpenter, discusses parametric products...
Video / 2 years ago
Parametric Covers are a Sound Approach in Controlling Insurance Costs for Wildfires
With the world getting hotter and drier, it is no surprise that wildfires have become more frequent. Across the US, the annual number of acres burned...
With the world getting hotter and drier, it is no surprise that wildfires have become more frequent. Across the US, the annual number of acres burned...
Article / 2 years ago
Community-Based Flood Insurance Enhances Protection in Underserved Regions
In certain contexts, there may be opportunities to close localized protection gaps through community-based flood insurance...
In certain contexts, there may be opportunities to close localized protection gaps through community-based flood insurance...
Article / 2 years ago
Public-Private Efforts Could Encourage Multi-Peril Catastrophe Schemes
Natural catastrophes increasingly involve complex perils. Forming a public-private insuring entity designed to encompass various complex perils could focus on extreme eventualities. Its product...
Natural catastrophes increasingly involve complex perils. Forming a public-private insuring entity designed to encompass various complex perils could focus on extreme eventualities. Its product...
Article / 2 years ago
Protecting the Public Purse: The Role of Public-Private Partnerships in a Warmer World
In light of COVID-19, the 26th United Nations Climate Change Conference of the Parties (COP26) – the most significant climate summit since the 2015 signing of the Paris Agreement...
In light of COVID-19, the 26th United Nations Climate Change Conference of the Parties (COP26) – the most significant climate summit since the 2015 signing of the Paris Agreement...
Article / 4 years ago
Video: What Governments Can Do to Identify and Build Resilience Against Climate Risks
Climate change risk is, by its very nature, massively disruptive, and nations are responsible for an increasing share of the costs as communities and businesses rely more...
Climate change risk is, by its very nature, massively disruptive, and nations are responsible for an increasing share of the costs as communities and businesses rely more...
Article / 4 years ago
Update: How Will Climate Catastrophes Be Handled in the Face of Coronavirus?
In recent years, the reinsurance market has established itself as a capable private partner for the public sector, as illustrated in its response to major events over...
In recent years, the reinsurance market has established itself as a capable private partner for the public sector, as illustrated in its response to major events over...
Article / 4 years ago
Pandemic Poses a New Catastrophe Paradigm: Part V
There is precedent for the establishment of a government-led backstop to certain catastrophic loss scenarios. The public-private partnership model is one that has worked...
There is precedent for the establishment of a government-led backstop to certain catastrophic loss scenarios. The public-private partnership model is one that has worked...
Article / 4 years ago
Weather Sentinel: Significant Wildfire Potential Outlook; June 2020
With fires already burning in Florida and the Southwest, seasonal dryness and heat are beginning to cure fuels in the western US. Portions of the Rockies...
With fires already burning in Florida and the Southwest, seasonal dryness and heat are beginning to cure fuels in the western US. Portions of the Rockies...
Article / 4 years ago
Access to Private Capital Crucial to Governments' Ability to Enhance Climate Resilience
Severe weather events and demographic challenges are putting an increasing strain on government finances, requiring a rethink of how catastrophic events are funded...
Severe weather events and demographic challenges are putting an increasing strain on government finances, requiring a rethink of how catastrophic events are funded...
Article / 4 years ago
