Catastrophe Risks
Parametric Insurance Market Set for Significant Growth: Projections to 2032
The parametric insurance market, valued at $14.8 billion in 2023, is projected to reach $39.3 billion by 2032, driven by advanced technologies. These enhance risk assessment and minimize basis risk, meeting the rising demand for quick, predictable coverage against climate change and natural disasters. Read More
Florida Property Insurance Market Sees Improvement Amid High Reinsurance Dependency
Florida property insurers exhibit high dependency on reinsurance, exceeding the broader property segment, says A.M. Best report. Read More
Parametric 144A Cat Bonds: Innovating Risk Transfer
Explore captive insurance, parametric risk trading, and blockchain innovations with Dr. Marcus Schmalbach on the latest IRMI and Captive.com podcast. Read More
WTW Collaborates on Parametric Earthquake Policy for Papua New Guinea
Willis Towers Watson (WTW) collaborates on a parametric earthquake policy for Papua New Guinea, fortifying critical infrastructure insurance. Read More
Reframing Cyber Risk: Opportunity or Serious Threat?
A recent Howden report explores the evolving cyber-reinsurance market, highlighting untapped opportunities and advocating for a balanced approach to cyber-risk underwriting. Read More