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 ...
Willis, a WTW business, and Global Parametrics, a CelsiusPro Group company, have unveiled parametric insurance cover to coffee farmers in Vietnam. This payout compensates for losses incurred during ...
Considering its 200-year history, parametric insurance has been slow to adopt, with conventional insurers regarding it as a niche proposition, suited for the hardest-to-insure exposures. Inflation and ...
Natural catastrophes can affect businesses of any size, and parametric insurance can provide solutions for small accounts, too — not just large ones, panellists said at a Canadian Underwriter webinar ...
The increased frequency of weather events, like severe storms and flooding, pose a real threat to communities which may struggle to find sufficient protection through traditional insurance markets. As ...
NEW YORK, Dec. 6, 2022 /PRNewswire/ -- Arbol Inc. (Arbol), a global climate risk solutions platform, today announced the parametric reinsurance solution it developed covering hurricane risks in the ...
Given the prevailing socioeconomic conditions and the lingering cost-of-living crisis (especially in rural South Africa), agriculture is often a lifeline for rural communities. For many, these farms ...
Developed in collaboration with parametric flood expert Floodbase, and leading global commercial insurer, Swiss Re Corporate Solutions, the new product can help bridge protection gaps in traditional ...
India’s agriculture sector employs nearly half of the population and contributes about 18 per cent to the GDP. It relies on smallholder farmers, representing around 86 per cent of the farm holdings.
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