Ecuador has contracted its first parametric agricultural insurance policies, benefitting up to 10,000 people in smallholder rice and maize farming ...

THE Philippine Crop Insurance Corp. (PCIC) is looking for partners to provide reliable flood-monitoring data to support its recently launched parametric insurance program for rice farmers. PCIC ...

AM Best has announced Hernán Burgos and Alexander Porte of UW-Madison – Wisconsin School of Business as the winners of AM Best’s 2025 Student Challenge for their tropical storm parametric insurance ...

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 ...

California’s recent traumatic spate of wildfires has spotlighted the often clunky process of traditional commercial insurance. Typically, businesses are required to document their losses, file a claim ...

The Bermuda Monetary Authority has launched a public consultation on plans to create a new insurer category to support parametric insurance and reinsurance business, as the island looks to expand its ...