If your home was destroyed by a sudden disaster that you couldn't control, you would hope that at the very least, your insurance would cover your losses. However, disaster risk financing systems are ...

Following the successful issuance of the Asian Development Bank’s (ADB) first catastrophe bond offerings, Roberta Casali, ...

As extreme weather events increase in severity and frequency, the world faces compounding economic and development challenges. Conflict affects over half of the 25 countries most vulnerable to climate ...

Regional vulnerability to hurricanes and earthquakes accelerates fastest global growth rates. The global parametric insurance market is projected to record a compound annual growth rate of 12.2% from ...

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 ...

The process of tsunami parametric insurance. An insurance payout is triggered when a tsunami index (e.g., wave height) meets the predefined criteria. If your home was destroyed by a sudden disaster ...