Supported by the United Nations’ Pacific Insurance and Climate Adaptation Programme (PICAP), this innovative solution is being piloted and tested through the Central Bank of Solomon Islands’ (CBSI) ...

Industry associations are creating frameworks for climate risk disclosure and management while insurance technology firms are introducing data analytics and parametric products for climate perils. And ...

An Expert Panel was convened with members from ASCO and the Society of Abdominal Radiology, American College of Radiology, Society of Nuclear Medicine and Molecular Imaging, American Urological ...

Now in its sixth edition, the 2025 report was developed with the International Forum for Terrorism Risk Insurance Pools (IFTRIP) and examined how national insurance programs are adapting to ...

Parametric insurance provides rapid payout for policyholders based on predetermined thresholds such as wind velocity or rainfall, rather than damage sustained. Globally, it is expected to surge ...

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“From an issuer’s perspective, cat bonds can serve as a climate adaptation strategy, allowing insurance companies ... the potential misalignment between parametric bond payout triggers and ...

To date, such risk-outsourcing has targeted natural disaster and disease outbreaks (the World Bank’s Crisis Response Window and the African Risk Capacity’s parametric insurance initiative are positive ...

Here is a quick guide on its features and benefits: ClimateSafe, which is a parametric insurance policy wherein payouts are triggered when certain specified parameters are met, covers increased ...

But the truth is more nuanced—and more instructive. Behind the curtain of Buffett’s legendary investment acumen lies a lesser-known but far more powerful engine: insurance float. It is this mechanism, ...