Morocco renewed parametric quake insurance after 2023 payout of $275m
Morocco’s government received a $275 million payout from its parametric earthquake insurance policy after the devastating earthquake that occurred in 2023 and the parametric policy has been renewed again, to provide a similar level of cover for 2024, we understand. The North African country of Morocco was struck by a magnitude 6.8 earthquake in September, […]
Extreme perception of climate change an opportunity for ILS market: Neuberger Berman
Lauren Crane, analyst in the Insurance-Linked Strategies team at Neuberger Berman, suggests that the extreme perception of climate change may “present an opportunity rather than a threat” to the ILS market. Writing in a blog on the matter for global asset manager Neuberger Berman, Crane observed that climate change is often cited as the primary […]
