One such pool is the Caribbean Catastrophe Risk Insurance Facility (CCRIF SPC), which provides countries in the Caribbean and Central America regions with parametric insurance, a mechanism that pays a ...

In particular, the insurance industry—often overlooked in the development finance architecture—brings an untapped breadth of capabilities: risk analytics, risk reduction services, pre-arranged and ...

Australia is ranked among the world's top eight wine-producing countries, and contributes more than A$45bn ($29.4bn) annually to the national economy.

Extreme temperature emerged as the most important risk for parametric insurance coverage due to its frequency, severity, and measurable triggers. Simulations suggest a premium of around 8%, on the ...

Bermuda continues to maintain its role as a driving force in offshore reinsurance, accounting for more than 40% of total ceded reserves for U.S. life-annuity ...

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 ...

Descartes Underwriting, the parametric risk transfer specialist, has announced the launch of a new fully customisable Flood-at-Location parametric flood insurance product for U.S. commercial ...

Descartes Underwriting, a specialist in corporate parametric insurance solutions for climate and emerging risks, has launched a new fully customisable Flood-at-Location parametric flood insurance ...

In conjunction with this proposal, HUD has completed an impact analysis to the FHA insurance fund, which showed acceptable results. HUD's robust risk-based underwriting process and very low loan ...

The Government of Grenada has renewed its annual parametric insurance coverage with the Caribbean Catastrophe Risk Insurance Facility Segregated Portfolio Company (CCRIF SPC) for the 2025/2026 ...