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Philippines renews push for mandatory catastrophe insurance

The Philippines Insurance Commission has renewed its efforts to push through a bill that would make property catastrophe insurance mandatory in the country, after lobbying failed to get the idea ratified before the change of President in the country.The proposal would see a significant increase in catastrophe insurance premiums within read the full article →

ARC opens parametric insurance products to organisations & NGO’s

The African Risk Capacity (ARC) aims to double the coverage it provides to as much as $1.5 billion by 2020, by opening up its parametric insurance products to international organisations, such as United Nations agencies and non-governmental organisations (NGO's).The African Risk Capacity (ARC), Africa’s first sovereign catastrophe insurance pool, is read the full article →