At least some Florida property owners who suffered the wrath of September’s destructive Hurricane Ian along the Gulf Coast have been able to cash their insurance checks before the holidays. What’s ...
The Bermuda Monetary Authority (BMA) has now launched its awaited consultation process that proposes a dedicated regulatory framework for a new Parametric ...
The Bermuda Monetary Authority has launched a public consultation on plans to create a new insurer category to support ...
Disasters such as wildfires are becoming increasingly frequent occurrences, leaving homeowners scrambling for ways to proactively protect themselves and recover financially. Traditional insurance ...
With the widespread recent media attention around the insurance crisis in Louisiana, Gov. Jeff Landry recently expressed his frustration with insurance rates, up on average another 6 percent in 2024.
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, ...
In today's rapidly changing world, risks are evolving. Climate change, rapid technological advancements, and accelerating industrialisation are transforming the global risk landscape. Recent ...
A once-niche form of insurance is going mainstream, attracting major corporations and investors eager to hedge against climate risks and natural disasters, Bloomberg News reported Sunday. Parametric ...
Parametric insurance provides an alternative way to provide coverage for hard-to-place perils. This article from FC&S provides an overview as to how the coverage works.