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 ...
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 ...
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, ...
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 ...
During this winter of extremes in California, with tragic wildfires raging in the south and most of the season’s rain falling in the north, the insurance market has fallen only deeper into crisis. But ...
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