CAT bonds are known to offer highly attractive equity-like returns, low volatility and low correlation to broader financial markets.
As climate change intensifies the frequency and severity of natural disasters across Europe, the gap between insured and total economic losses—known as the natural catastrophe insurance protection gap ...
Boston’s snowy streets and sidewalks suggest it’s the last place you’d find a discussion about wildfires and insurance. And yet, a little-known company here says it’s trying to solve California's ...
Forbes contributors publish independent expert analyses and insights. Joshua Cohen is a Boston-based writer who covers health policy. This voice experience is generated by AI. Learn more. This voice ...
According to the National Centers for Environmental Information, the number of natural disasters with damages exceeding a billion dollars rose from an average of three per year to over 17 in the last ...
TORONTO, Feb. 7, 2025 /CNW/ - TD Bank Group (TD) announced today that it expects zero catastrophe claims after reinsurance and before tax to be reflected in the Bank's Wealth Management & Insurance ...
The insurance industry has reached a critical juncture. With climate change driving an undeniable surge in the frequency and severity of extreme weather events, including ferocious hurricanes and ...
California's Insurance Commissioner Ricardo Lara has announced a new "Sustainable Insurance Strategy" that will allow insurance companies to use catastrophe modeling to determine wildfire risk and set ...