The partnership aims to analyse the effects of climate change and variability on climate-based peril activity, providing (re)insurers with data to develop forward-thinking underwriting and pricing str...
The Australian Government introduced the AU$10bn (US$6.7bn) cyclone and flood damage reinsurance pool in July 2022 to help insurance companies manage NatCat risks.
The Swiss Re Institute identified NatCat, agri, health, and mortality as four key perils - with the protection gap widening to US$1.8 trillion globally.