The frequency and severity of weather catastrophes are on the rise. From devastating hurricanes to prolonged droughts, I see these events exposing a glaring global coverage gap in insurance. Aon ...

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, ...

The process of tsunami parametric insurance. An insurance payout is triggered when a tsunami index (e.g., wave height) meets the predefined criteria. If your home was destroyed by a sudden disaster ...

Floodbase will integrate 24/7, all-weather synthetic aperture radar (SAR) data into its advanced parametric flood solution through the Capella Space Analytics Partner Program Flood risk is growing due ...

This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. With the insurance industry striving to better understand how factors ...

NormanMax Insurance Holdings, Inc., the US based parametric (re)insurance group, has received ‘approval in principle’ from Lloyd’s to launch a syndicate in 2024, to be managed by Apollo Syndicate ...

One of the most successful hedge fund strategies of recent years — insurance-linked securities — is latching on to an old idea whose popularity is suddenly soaring. Parametric insurance, where ...

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 ...

The MarketWatch News Department was not involved in the creation of this content. MIAMI and CORK, Ireland, Aug. 12, 2025 (GLOBE NEWSWIRE) -- Trawick International, a leading provider of international ...

This guide explores how parametric insurance—which uses data triggers like rainfall and temperature for instant payouts—is becoming a vital tool for gig workers and farmers.

During this winter of extremes in California, with tragic wildfires raging in the south and most of the season’s rain falling in the north, the insurance market has fallen only deeper into crisis. But ...