The solar panels rapidly being deployed across the country are vulnerable to damage from hail and costly to replace, limiting their risk transfer options. Parametric insurance injects some much-needed flexibility.
With global insured losses from natural disasters hitting $108 billion in 2023, Swiss Re emphasizes the urgent need for adaptation measures and climate risk mitigation.
Insurance CROs are optimistic about their ability to shore up their operational defenses in 2024 despite global economic headwinds, and complex emerging risks, EY/IIF survey finds
Insurers are making a major impact on the health of the world’s oceans through their support of blue bonds, a form of debt swap that enables developing nations to fund marine conservation efforts.
Emerging risks are always in mind for underwriters, but reinventing the wheel is rarely necessary to give brokers and insureds the new types of security they seek.
To foster better collaboration and transparency, the Catastrophe Resiliency Council proposes an Open Industry Exposure Database for climate risk research.
As every community contends with its share of natural catastrophes, structural fortifications and business continuity planning can help today’s long-term care operators bolster their resilience.
Skilled nursing homes and assisted living operators in states like Florida are masterful improvisers, but an uptick in newcomers will require these professional caregivers to leverage the power of community more than ever before.
If the pandemic taught insurance anything, it’s that a unified and government-backed catastrophic peril coverage form might be the future for stability within the markets.
Resiliency and understanding ROI are two big factors in the Predict & Prevent™ model. The latest episode from The Institutes’ Predict & Prevent podcast dives in.
When it comes to offshore wind power, several risk and insurance factors should be reviewed, from installation and repair costs to maritime law constraints.