Catastrophe Risks

Climate Change To Boost Economic Losses: US, Philippines Hardest Hit

March 25, 2024

Swiss Re's analysis warns of rising economic losses worldwide due to climate change, with the US and Philippines facing the greatest risks. Read More

AXA Climate and Reask Partner on Parametric Insurance

March 18, 2024

AXA Climate and Reask will collaborate to offer parametric insurance solutions based on precise location-level wind speed data post-tropical cyclone landfalls, globally. Read More

FEMA Expands Reinsurance Program, Transfers $575M in Flood Risk

March 18, 2024

The Federal Emergency Management Agency (FEMA) has announced the expansion of its reinsurance program, transferring $575 million in flood risk to capital markets. Read More

Aon Report Highlights Surge in Billion-Dollar Disasters for 2023

February 19, 2024

Aon's "2024 Climate and Catastrophe Insight" report findings show global economic losses from natural catastrophes in 2023 reached $380 billion. Read More

FloodFlash Continues US Expansion of Parametric Flood Insurance

January 31, 2024

FloodFlash has expanded availability of its sensor-enabled parametric flood insurance coverage to 10 additional US states. Read More