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 ...

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 ...

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 ...

Aflac, one of the largest insurance companies in the United States, says hackers stole an unknown quantity of its customers’ personal information from its network during a cyberattack earlier ...

On Friday, American insurance giant Aflac disclosed that its systems were breached in a broader campaign targeting insurance companies across the United States by attackers who may have stolen ...

Antoine Bavandi (pictured), global head of public sector, parametric and climate resilience solutions at Gallagher Re, discussed how parametric insurance is being applied to address the growing ...

Parametric insurance took off in some countries during the COVID-19 pandemic and in recent months more insurers around the world have begun to offer it.

Parametric insurance took off in some countries during the COVID-19 pandemic and in recent months more insurers around the world have begun to offer it.

Built with the foundation of trust from the ground up, blockchain can foster tighter relationships between the insured and the insurer.

Erie Insurance and Erie Indemnity Company have disclosed that a weekend cyberattack is behind the recent business disruptions and platform outages on its website.

Erie Insurance says all available resources are working to restore access. Philadelphia Insurance Companies also is dealing with an outage.

Erie Insurance is working with law enforcement as the company attempts to determine the source of what it is calling an information security event.