Parametric insurance pays out based on whether or not an event, such as a natural disaster, happens within the parameters of your policy. If you are a homeowner, parametric insurance can be a good ...

The frequency and severity of weather catastrophes are on the rise. From devastating hurricanes to prolonged droughts, I see these events exposing a glaring global coverage gap in insurance. Aon ...

Disasters such as wildfires are becoming increasingly frequent occurrences, leaving homeowners scrambling for ways to proactively protect themselves and recover financially. Traditional insurance ...

MINDANAO, Philippines (AP) — Joemar Flores, a spindly 28-year-old, gestured across his family’s farmland, nestled between a steep hill and a river, and expressed gratitude for the rice paddies in the ...

Insurance is one of the few industries that have remained largely unchanged over the past few decades at a low level: You suffer losses as a direct result of something going south, and you get paid by ...

With the widespread recent media attention around the insurance crisis in Louisiana, Gov. Jeff Landry recently expressed his frustration with insurance rates, up on average another 6 percent in 2024.

In today's rapidly changing world, risks are evolving. Climate change, rapid technological advancements, and accelerating industrialisation are transforming the global risk landscape. Recent ...

In the current hard real estate insurance market—in which rates are rising, underwriting criteria is stricter and insurers are writing fewer policies—parametric insurance may be an option for property ...

Forbes contributors publish independent expert analyses and insights. I am a risk communicator focused on the impact of weather on business. Parametric insurance is a growing category and the ...

MINDANAO, Philippines (AP) -- Joemar Flores, a spindly 28-year-old, gestured across his family's farmland, nestled between a steep hill and a river, and expressed gratitude for the rice paddies in the ...