This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. An innovative parametric insurance program has been taken across the globe to cover a South pacific coral reef in the Fiji archipelago, with broker WTW saying it will provide up to US $450,000 of cover for reef restoration […]
Bermuda’s BMA aims to better facilitate parametric climate-related re/insurance
This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. The Bermuda Monetary Authority (BMA) has laid out its plans for 2024, with Chief Executive Officer (CEO) Craig Swan highlighting specific opportunities in parametric risk transfer for climate insurance. The 2024 business plan of Bermuda’s financial regulator contains […]
Aggregate reinsurance back on the table, lower layers see more support: Aon
This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. A few signs emerged at the recent January 1st 2024 reinsurance renewals that bode well for protection buyers as we move through this year and into the next, as broker Aon highlighted that appetite is returning for some […]