WEF: It’s not just climate change driving natural disaster losses
Climate change is contributing to rising losses from natural disasters, including increased damage to physical assets and disruption to business operations. But an underreported driver of losses is the growing number and value of exposed properties, such as those in floodplains. Organizations should set a baseline of risk to understand how natural disasters can impact […]
Parametric risk transfer interest drives innovation, but consolidation possible
Rising interest in parametric insurance and risk transfer has resulted in an influx of investor capital into the space, the development of new MGA’s and capacity, as well as new technology platforms. While this is driving innovation in the parametric risk transfer space, the market is only so big for parametric products at the moment […]
