The frequency and severity of weather catastrophes are on the rise. From devastating hurricanes to prolonged droughts, I see these events exposing a glaring global coverage gap in insurance. Aon ...

Descartes Underwriting has announced a new parametric product suite for data centres, providing flexible capacity of up to ...

Parametric insurance products can help to address the increasing protection gap arising in respect of climate-related physical risk. As AI and data-collecting technology develops, more business areas ...

Hurricanes, hailstorms, deep freezes and flash floods are occurring more often, impacting project schedules, budgets and ...

This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. With the insurance industry striving to better understand how factors ...

The process of tsunami parametric insurance. An insurance payout is triggered when a tsunami index (e.g., wave height) meets the predefined criteria. If your home was destroyed by a sudden disaster ...

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, ...

Descartes Underwriting, a specialist underwriter of parametric risk transfer opportunities, has unveiled a new parametric product suite for data centres, ...

One of the most successful hedge fund strategies of recent years — insurance-linked securities — is latching on to an old idea whose popularity is suddenly soaring. Parametric insurance, where ...

LONDON and RESTON, Va., Dec. 10, 2019 /PRNewswire/ -- QOMPLX®, the intelligent decision platform provider, and Chaucer, the international specialty (re)insurance group, have together created ...

NormanMax Insurance Holdings, Inc., the US based parametric (re)insurance group, has received ‘approval in principle’ from Lloyd’s to launch a syndicate in 2024, to be managed by Apollo Syndicate ...

The MarketWatch News Department was not involved in the creation of this content. MIAMI and CORK, Ireland, Aug. 12, 2025 (GLOBE NEWSWIRE) -- Trawick International, a leading provider of international ...