OUR PURPOSE

Closing the insurance protection gap for those most at risk.

Closing the insurance protection gap for those most at risk.

Climate and natural catastrophe (NatCat) risks disproportionately affect Global South countrieswhere insurance penetration is low, and increasingly frequent catastrophic events result in significant loss and damage, coupled with the struggle to rebuild business activities and human livelihoods.

Satellite image of a large dust storm over a desert and body of water.

Satellite view of a mountainous, snow-covered landscape with rugged terrain and some fog or clouds near the bottom.

A colorful satellite image of a desert landscape with mountains, canyons, and varied terrain patterns.

Aerial view of a large river flowing into an ocean, with a sandy delta and surrounding green hills.

As climate change is rapidly intensifying, extreme weather events and natural disasters become more intense too. Developing risk transfer solutions tailored to the needs of underserved markets is an increasingly important and necessary tool to mitigate the financial impact of climate change and help those most at risk.

This is why we continue to focus on regions where we can have the greatest impact by prioritising vulnerable communities in countries eligible for official development assistance (ODA) across the Global South.

A satellite view of a tropical atoll with coral reefs, shallow blue waters, and surrounding deep ocean water.

We believe that society’s capacity for climate action can best be reinforced through the building of climate resilience that contributes to sustainable economic growth, poverty reduction, and sustainable development.