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Parametric insurance becoming a key tool to manage risk as temperatures rise: Swiss Re

As global temperatures continue to rise, insurance is increasingly emerging as a critical tool for mitigating the financial strain caused by extreme heat, according to Swiss Re’s Rethinking resilience in the face of extreme heat report. In combination with adaptation measures, insurance transfers risk while delivering valuable financial signals about the effectiveness of initiatives designed…

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swiss re logo

Parametric insurance is becoming a key tool to manage risk as temperatures rise: Swiss Re

As global temperatures continue to rise, insurance is increasingly emerging as a critical tool for mitigating the financial strain caused by extreme heat, according to Swiss Re’s Rethinking resilience in the face of extreme heat report. In combination with adaptation measures, insurance transfers risk while delivering valuable financial signals about the effectiveness of initiatives designed…

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Zurich’s £8.1bn Beazley acquisition to complete October 1 following regulatory clearance

Zurich Insurance and Beazley have confirmed that Zurich’s recommended all-cash acquisition of the London-headquartered specialist insurer is on track to take effect on 1 October 2026, after all required regulatory approvals were secured. In a joint update issued today, the two firms confirmed that every regulatory approval required for the transaction has now been satisfied….

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What You Should Never Share With ChatGPT

It’s becoming increasingly common for people to use ChatGPT and other AI chatbots like Gemini, Copilot and Claude in their everyday lives. A recent survey from Elon University’s Imagining the Digital Future Center found that half of Americans now utilise these technologies. “By any measure, the adoption and use of LLMs [large language models] is…

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