by Stéphane Godier | Dec 3, 2024 | Insurance
In April 2024, an alarming study published in Nature estimated that climate change could cause a contraction in global GDP of nearly 19% per year on average, amounting to cumulative losses of $38 trillion by 2050. This staggering figure highlights an unavoidable...
by Ana Pachon | Dec 11, 2023 | Insurance
In partnership with ClimateSeed and AXA Seguros Mexico, AXA Climate has developed an innovative parametric insurance product to protect the community of fishermen responsible for the restoration of San Crisanto mangrove forests against the impacts of hurricanes. In...
by Ana Pachon | Dec 4, 2023 | Insurance
An innovative flood resilience project to support pre-arranged disaster financing and flood adaptation solutions for cities in Togo has been approved and will launch in three municipalities.A parametric insurance mechanism that will cover three cities, and over...
by Eliot Pernet | Nov 30, 2023 | Insurance
Ideas from a new flood insurance and adaptation project in TogoWhen heavy rain falls on an African city, the same scenario repeats itself. First, under-sized sewage systems, often clogged with plastic waste, overflow and flood the surrounding areas. Then, water...
