Renewables Battling Climate Change Now Need to Insure Against It August 21, 2025 By Ishika Mookerjee and Minmin Low Solar and wind energy companies are betting on a novel form of insurance to protect their assets against wild and...
Hedge Fund Strategy Built on Catastrophes Taps Hot New Trend June 30, 2025 By Gautam Naik One of the most successful hedge fund strategies of recent years is latching on to an old idea whose popularity...
Parametric Catastrophe Insurer to Make Record $40M Payout for Haiti Quake August 19, 2021 By L.S. Howard CCRIF SPC, the Cayman Islands-based parametric catastrophe facility, will pay approximately US$40 million to the government of Haiti, following the...
Parametric Insurance Could Offer Hotels Relief from Coronavirus Cancellations March 4, 2020 By Noor Zainab Hussain and Carolyn Cohn | Organizers of events called off because of the coronavirus are likely to miss out on insurance payouts because typical policies...
How Parametric Cover Complements Traditional Insurance, Streamlines Claims January 27, 2020 By Daniel Brettler and Timothy Gosnear Although parametric solutions have been generally available since the late 1990s, they have more recently found their way into corporate...
FEMA Urged to Adopt Parametric Insurance and Blockchain to Address Coverage Gap November 21, 2019 By Jim Sams Blockchain technology and parametric insurance should be included in the Federal Emergency Management Agency’s toolbox as it strives to close...
How One Startup is Trying to Help Car Dealers Weather Hailstorms November 12, 2019 By Ira Boudway Nick Pacifico has been working at his family’s Cadillac dealership in Denver since 2003. He’s never seen insurance costs this...
Parametric Caribbean Catastrophe Pool to Provide Quick Payout to Bahamas After Dorian September 5, 2019 By Eric Roston Some of the first financial relief the Bahamas receives in the aftermath of Hurricane Dorian may be a rapid insurance...
Quick-Cash, Risk-Swap Deals Multiply in Extreme Weather Era April 4, 2019 By Christopher Flavelle and Katherine Chiglinsky Some of the world’s largest insurers are eagerly pitching cities, states and even school districts on policies designed to pay...
Telematics, Parametric Insurance and AI Pitched as Claims Solutions March 13, 2019 Technology companies anxious to expand their market share in insurance sector announced this week the launch of products that will...