The appeal and utility of parametric insurance is growing, and the interpretation of basis risk is evolving, Guy Carpenter’s Guillermo Franco and Iceye’s Anke Sielker say

AccuWeather expects up to seven hurricanes, with as many as five US landfalls

Storm, which struck southwest France last month, caused major damage to infrastructure and physical assets

For insurers, proactive planning, precise policy drafting and robust claims protocols are essential for such a high-stakes global event

Near-tripling of underwriting gains attributed to limited catastrophe losses rather than underlying improvements

Hong Kong proposes easing of capital rules for natural catastrophe writers and branches of foreign reinsurers

Pilot project used satellite data to analyse 2021 floods

Insured loss from a one-in-50-year hailstorm event could approach $30bn, Cotality finds

Lloyd’s firm’s new division will underwrite risk solutions across property, specialty and credit classes of business

Corporate and specialty insurer's operating profit climbs 4% to €732m supported by new business growth

Canadian mutual Wawanesa to acquire $305m commercial lines portfolio for an undisclosed sum 

An endless stream of priorities passes through government, some deserving of urgent attention, some not. But the looming insurability crisis has never been one of them.