New research from the University of Alabama finds that FORTIFIED construction standards not only protect homes during major storms but also deliver financial benefits to property owners.
Parametric insurance is rising fast as a flexible, fast-paying solution to coverage gaps—driven by climate risk, market shifts, and data-driven innovation.
Despite improved defenses, rising coastal populations and climate change threaten to offset two decades of resilience investments, Swiss Re Institute analysis shows.
Green Shield Risk Solutions is tackling the wildfire crisis head-on, proving that with the right technology and expertise, these risks can be successfully managed rather than simply avoided.
New technology deployments and extended forecast capabilities aim to improve storm tracking as experts anticipate 3-5 major hurricanes during continued “high activity era.”
As P&C insurers shift toward “predict and prevent” models, fee-based risk management services could more than double revenue by 2030, transforming traditional business approaches, Deloitte says.
Rising exposure values, climate change, and urbanization drive continued growth in catastrophe costs as insurance industry prepares for potential record-breaking loss scenarios: Swiss Re.