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Howden launches climate-focused parametric insurance unit

by AIP Online Bureau | Oct 17, 2023 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Non-Life, Reinsurance

The global market for parametric insurance is expected to reach $29.3 billion by 2031, analysis from Allied Market Research showed, up from $11.7 billion in 2021 London: UK-based insurance broker Howden said on Tuesday it had created a new unit to focus on climate-...
Farmers, fishermen getting benefits of state-of-the-art research in climate-weather forecasting, says Rijuju

Farmers, fishermen getting benefits of state-of-the-art research in climate-weather forecasting, says Rijuju

by AIP Online Bureau | Oct 5, 2023 | Indian News, Non-Life, Policy, Risk Management, Technology

India is making progress in the field of timely prediction of natural calamities like cloudbursts and earthquakes and the country will soon be able to accurately predict these and avoid large scale damage, Kiren Rijuju Union Minister of Earth Sciences Pune: Union...

Lloyd’s and the UN team up to get insurance to climate vulnerable countries

by AIP Online Bureau | Sep 21, 2023 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Non-Life, Reinsurance

After the initial focus on the Pacific, the partnership will seek to roll out the model to Asia and parts of Africa LONDON: Lloyd’s of London is teaming up with the United Nations Capital Development Fund (UNCDF) to try and improve access to insurance for...

Six of nine planetary boundaries now exceeded: Study

by AIP Online Bureau | Sep 19, 2023 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Features, Non-Life, Risk Management

“Crossing six boundaries in itself does not necessarily imply a disaster will ensue but it is a clear warning signal. We can regard it as we do our own blood pressure,” Katherine Richardson, professor at the University of Copenhagen in Denmark said. Human...

How satellites are helping farmers adapt to global warming

by AIP Online Bureau | Aug 22, 2023 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Features, Non-Life

In ten climate hotspots from Guatemala to Afghanistan, acute hunger has more than doubled in six years, according to UK charity Oxfam. But cutting-edge satellite sensor technology could play a big role in slowing that down. Experts envision a future in which farmers...
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