Catastrophe Risks
Climate Change To Boost Economic Losses: US, Philippines Hardest Hit
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
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
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
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
FloodFlash has expanded availability of its sensor-enabled parametric flood insurance coverage to 10 additional US states. Read More