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Poseidon Principles for Marine Insurance adopts net-zero target

New policy brings initiative into line with IMO goals

International Marine

Education key to mitigating basis risk in parametric policies

Miller's head of parametric solutions, Alice Glenister, explains how to present parametric insurance to insureds

International Property

Insurers brace for active 2024 hurricane season

Early forecasts suggest a busy year but more hurricanes does not necessarily mean higher losses, analysts say

International North America

NormanMax launches parametric nat cat syndicate

Syndicate 3939 is claimed to be the first syndicate dedicated to natural catastrophe parametric re/insurance solutions

North America Lloyds

Lessons from the challenge to UK's net zero strategy

Court decision serves as a reminder to insurers that climate change policies will be scrutinised closely

United Kingdom Climate change

Insuring credits to make carbon credible: Oka's Slater

Chris Slater, the chief executive of Lloyd’s syndicate-in-a-box Oka, discusses the role of insurance in carbon credit markets

International Lloyds

Climate activists turn up the heat in 2024

Litigation remains the most significant tool for climate activists

International Climate change

Papua New Guinea agrees parametric cover for undersea fibre optic network

New policy is designed to provide rapid payouts following earthquake damage

Asia Pacific Papua New Guinea

Lloyd’s creates risk code for transition business

Insurance is a crucial part of developing new green technologies, the corporation’s chief underwriting officer says

London Lloyds

Researchers warn Canadian flood insurance scheme must reduce risk

Federal government wants to launch scheme for subsidies and reinsurance by next year, as policymakers urged to deny rebuilding aid where flood danger is high

Canada Property

Zurich Malaysia highlights takaful for climate-vulnerable communities

Islamic insurance can enhance financial resilience to impacts of climate change, the chief executive of Zurich General Takaful Malaysia Berhad says

Malaysia Zurich

Louisiana abandons rule hated by insurers – but will carriers return?

Insurers welcome end of three-year rule, but hurricane risk may keep prices high

United States Property
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