Lagos, Nigeria’s commercial hub, has secured a $7.5 million flood insurance policy so some of its poorest residents can access...
parametric insurance News
Parametric platform Floodbase said it has unveiled its Floodbase Quote API to enable insurers and MGAs to reduce manual quoting...
In the wake of recent weather events around the world, whether it’s the bomb cyclone that hit the US from...
Floodbase and Liberty Mutual announced the launch of an instant quoting application for parametric flood insurance in the U.S., allowing...
Severe convective storms (SCS) have surpassed tropical cyclones to become the costliest insured peril of the 21st century, according to...
Bold Penguin announced a partnership with Adaptive Insurance, expanding coverage options available through the Bold Penguin Placement Desk. Adaptive is...
The Caribbean parametric insurer, CCRIF SPC, announced it will make a second payout of US$21.1 million to the government of...
The Caribbean Catastrophe Risk Insurance Facility (CCRIF) announced it will make a payout of US$70.8 million to the government of...
The way communities nationwide recover from natural disasters may never be the same. The National Flood Insurance Program (NFIP) expired...
India’s government has begun early-stage talks with local insurers about designing a nationwide climate-linked insurance program aimed at simplifying the...