Parametric insurance products can help to address the increasing protection gap arising in respect of climate-related physical risk. As AI ...

New York State has recently amended Section 1113 of the New York Insurance Law to authorize several new types of insurance ...

Parametric insurance was emphasized as a key strategic tool for disaster management. So, what exactly is parametric insurance? It is an innovative type of insurance that provides predefined ...

The global parametric insurance market was valued at $14.8b in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 11.5% from 2024 to 2032, according to a Global Market ...

Allied Market Research forecasts that the global parametric insurance market, which totaled $18 billion in 2023, will grow to more than $34 billion by 2033. Parametric insurance has been around for ...

Wilmington, Delaware, Feb. 19, 2025 (GLOBE NEWSWIRE) -- Allied Market Research published a report, titled, "Agricultural Parametric Insurance Market by Type (Natural Catastrophes Insurance ...

Lloyd’s coverholder and a parametric re/insurance solutions provider, NormanMax Insurance Solutions (NMIS), has expanded its ...

Willis, a WTW business, and Global Parametrics, a CelsiusPro Group company, have unveiled parametric insurance cover to coffee farmers in Vietnam. This payout compensates for losses incurred ...

Go Digit General Insurance Limited (Digit Insurance), one of India’s leading digital full-stack insurance companies, has partnered with K.M. Dastur Reinsurance Brokers (KMD) to provide one of India’s ...

Go Digit General Insurance Limited (Digit Insurance) has partnered with K.M. Dastur Reinsurance Brokers (KMD) to introduce one of India’s first Air Quality Index (AQI)-based parametric insurance ...