Parametric Insurance, Future of Risk Managements

In an era marked by escalating climate disasters, cyber threats, and economic volatility, traditional insurance models are increasingly strained. Enter parametric insurance—a groundbreaking approach that offers rapid, transparent, and customizable coverage by linking payouts to predefined triggers rather than actual losses. This article explores the mechanics, benefits, challenges, and transformative potential of parametric insurance, supported by … Read more

Climate and Disaster Insurance in 2025 Trends, Challenges, and Solutions

As climate change accelerates, the frequency and severity of natural disasters are reaching unprecedented levels. In 2024 alone, global economic losses from natural disasters exceeded 368billion∗∗,withinsuredlossessurpassing∗∗368billion∗∗,withinsuredlossessurpassing∗∗100 billion for the fifth consecutive year 57. This alarming trend underscores the critical role of climate and disaster insurance in helping individuals, businesses, and governments mitigate financial risks and build resilience. This article explores … Read more