by AIP Online Bureau | Dec 7, 2023 | Disaster & Management, Eco/Invest/Demography, Intermediaries, International News, Non-Life, Reinsurance, Risk Management
Connected through Lloyd’s Lab, the two organizations recognized a massive opportunity to marry Floodbase’s unmatched historical and near real-time flood data with Oneglobal’s re/insurance expertise, leading market presence, and reputation for...
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-...
by AIP Online Bureau | Aug 29, 2023 | Disaster & Management, Eco/Invest/Demography, Indian News, Non-Life, Reinsurance, Risk Management
“We worked with the insurers and launched product that pays if the event happens and the trigger is met. This expedites the payout and the small borrowers receives money in real time of need. This addresses the bottom most section of the Pyramid,’’ said Hitesh...
by AIP Online Bureau | Jul 12, 2023 | International News, Non-Life, Reinsurance
“Our new 4-peril parametric insurance provides an efficient and simplified solution to support businesses vulnerable to multiple weather events that are not covered by traditional insurance products in the market. WTW has structured the region’s first 4-peril...
