OICL launches Sarvatra Suraksha Parametric Policy, bridging traditional and modern risk solutions for individuals, farmers, ...

A new, AI-assisted model of insurance is quietly exploding in disaster-prone areas—and may be coming for FEMA too. Is it the answer to climate change, or a trap?

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, ...

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 ...

Climate variability is creating a major protection gap for global farmers with many unable to afford traditional insurance an audience at the Bermuda Captive Conference heard. In a session called ...

In today’s fast-paced and increasingly unpredictable global environment, large enterprises face mounting risks—natural catastrophes, climate-related disruptions, supply chain breakdowns and emerging ...

The Natural Disaster Fund (NDF), a largely parametric risk transfer focused public-private partnership funded by UK and ...

Climate risk is no longer theoretical—it’s disrupting global financial systems in real time. Last year alone, weather-related disasters caused more than $368 billion in global economic losses, marking ...

As climate risks grow, the new Insurability Readiness Matrix could help insurers, policymakers and communities spot when ...

What does it mean for economies, governments and communities when “once in a lifetime” weather events begin to occur on an annual basis? We are witnessing an entirely new scale of natural disasters ...

Oriental Insurance introduces Sarvatra Suraksha, a parametric policy protecting individuals & businesses from climate change ...