Parametric insurance products can help to address the increasing protection gap arising in respect of climate-related physical risk. As AI and data-collecting technology develops, more business areas ...
IoT sensors and satellite imagery to play key role in future of parametric flood insurance: Swiss Re
A new report from global reinsurer Swiss Re has outlined that an array of sensor technologies has transformed how flood risk ...
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Africa Re, insurance consortium launch Sub-Saharan Africa’s first parametric flood policy in Lagos
The African Reinsurance Corporation (Africa Re), alongside a consortium of insurers and development partners, officially partnered with the Lagos State Government to launch the Lagos Flood Risk ...
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