Two parametric risk transfer deals are set to pay out to Jamaica following Hurricane Melissa, according to Willis Re. The hurricane triggered the country’s US$150 million World Bank sovereign bond, ...

Willis Re, a specialised reinsurance broker, reports that two parametric risk transfer deals have recently drawn attention after confirming swift payouts to Jamaica. Hurricane Melissa activated the ...

Once seen as a niche tool for specialized risks, parametric insurance is accelerating into the mainstream insurance market, driven by rising climate volatility, better data, and a growing appetite for ...

PAKISTAN stands at the front lines of the global climate crisis. From heatwaves and droughts to devastating floods that threaten lives and livelihoods each year, the economic and human toll of climate ...

India's global identity has developed alongside its aspirations for a unique architectural future. Over time, the country's architectural landscape has evolved from vernacular traditions to foreign ...

Did you know that you can quickly add parameters to the end of your Google Search URL to see search results in a specific language and/or country? Yes, you can do this from the advanced search ...

Abstract: Stochastic search algorithms are black-box optimizer of an objective function. They have recently gained a lot of attention in operations research, machine learning and policy search of ...