How satellites are being used to chart the scale and scope of catastrophes from floods to wildfires. Stephen Lathrope, global head of insurance at ICEYE talks through the implications for parametric insurance.

In this update Azur Group agrees the terms of a management buyout, Hiscox chairman will step down later this year and parametric insurance solutions will become more widely adopted for agriculture and natural catastrophe risks.

Julian Ball, Head of Global Property and Political Violence, UIB, discusses parametric insurance and its uses, whether this can provide a solution to losses from global warming and a cost comparison to traditional cover.