The catastrophe bond (cat bond) and insurance-linked securities (ILS) market experienced unprecedented growth in 2024, reaching a record-breaking $49.5 billion in outstanding market value. This remarkable achievement underscores the increasing reliance on capital markets by insurers and reinsurers
In an era where health risks are increasingly complex and interconnected, the One Health approach has emerged as a promising strategy to address these challenges. This approach emphasizes the interdependence of human, animal, and environmental health, advocating for a collaborative, multi-sectoral,
The gambling industry is a significant part of the entertainment sector in the United Kingdom, but its growth has also led to escalating concerns over compulsive gambling behaviors. With the introduction of GamStop in 2018 by the UK Gambling Commission, a new regulatory effort was put into place to
Adaptive Insurance has launched a groundbreaking AI-powered parametric insurance platform aimed at mitigating climate risks for businesses. The company's flagship product, GridProtect, focuses on offering immediate financial relief to enterprises impacted by power outages, which result in $150
Navigating the complexities of running a commercial business involves managing high expectations and inherent uncertainties. Leaders often face challenging decisions with limited data, making the selection of a reliable insurance partner crucial for mitigating risks and ensuring operational
The construction sector is undergoing substantial transformations, driven by economic shifts, increased project complexity, and a growing emphasis on sustainability. David Bowcott, Executive Vice President of Platform Insurance, provides insights into how these factors are influencing the sector
