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Orbital Micro Systems targets enhanced weather insights for re/insurance & ILS

More granular and higher resolution satellite data from earth observations are set to improve weather and catastrophe event insights for the insurance, reinsurance and insurance-linked securities (ILS) industry, according to the CEO of Orbital Micro Systems.Orbital Micro Systems is a specialist in technology and data for space applications, with expertise read the full article →

Satellite data supports the development of risk transfer solutions

Satellite data plays an important role in the establishment and success of risk transfer triggers and index insurance schemes, and as technology has advanced the use of satellites has expanded and become more efficient, supporting the growth of innovative agriculture insurance and reinsurance solutions.The agricultural sector of many emerging, poorer read the full article →

NASA’s SMAP will further develop our understanding of natural perils

NASA launched a pioneering satellite into orbit on Saturday 31st January 2015 which will provide some benefits for providers of weather linked insurance, as well as further develop our understanding of natural perils.The Satellite, SMAP, which stands for Soil Moisture Active Passive, will scan the Earth’s soil for moisture information, read the full article →