Humanitarian risk transfer in focus at COP26 with Start Network & IDF partnership
The Start Network, an international network of non-governmental humanitarian organisations, is partnering with the Insurance Development Forum (IDF) on the creation of a new financial service for the humanitarian sector, with parametric triggers and risk pooling at its heart. Named Start Ready, the new humanitarian funding paradigm is designed to help
USGS recent significant earthquakes from the last 30 days
M 6.1 – 19 km NNW of Hakha, Myanmar
M 5.7 – 50 km ENE of Los Andes, Chile
M 4.0 – 7 km S of Williamsville, Missouri
M 3.9 – 1km NE of San Ramon, CA
M 6.3 – 64 km NNW of Bandar Abbas, Iran
M 6.0 – 62 km NNW of Bandar Abbas, Iran
M 6.6 – 177 km SE of Hirara, Japan
M 6.2 – 61 km S of Masachapa, Nicaragua
IncubEx, the financial product and service development firm that counts its founder and Chairman as insurance and reinsurance entrepreneur, former Brit co-founder and now Conduit Re Chairman Neil Eckert, has acquired an insurtech as it targets environmental, sustainable and climate risk solutions.
Onshore catastrophe bond market can benefit US: John Seo, Fermat
The government of the United States should look to bring the catastrophe bond market onshore, in order to maximise the possible benefits of capital markets participation in insurance and reinsurance, according to John Seo of Fermat Capital Management, LLC.