Tag: Forestry Risk
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ESA, Liberty Mutual Reinsurance Launch Three-Year Study on Satellite-Based Parametric Insurance
The European Space Agency and Liberty Mutual Reinsurance (LMRe) have agreed to begin a three-year collaboration to explore how satellite data can be used to develop parametric insurance products for terrestrial assets, the organisations said this week. The initiative will assess whether Earth observation (EO) data, analytics and modelling tools can support insurance products that…