From Yahoo Finance: 2025-06-04 10:06:00

UK-based Start Network, with Aon, introduces a reinsurance product for Start Ready, aiding early action in climate crises. The mechanism efficiently allocates resources for anticipatory action systems, providing funding before events based on assessments. Reinsurance kicks in when risk pool depletes, ensuring continued support for affected communities.

This product enhances disaster risk financing, protecting pooled funds and aiding multiple crises simultaneously. Aon’s Emma Karhan highlights the extension of Start Ready’s impact, reaching more communities in climate crises. Start Network praises the collaboration with Aon for enhancing protection for vulnerable communities across nine countries of operation.

Start Ready has already aided nearly one million people through its Risk Pools, set to protect an additional 800,000 individuals from climate risks with the fourth pool active. Aon’s expanded partnership with Moody’s now includes commercial risk beyond casualty reinsurance.

“Start Network, Aon partner on reinsurance product for climate risk” was originally published by Life Insurance International, a GlobalData owned brand.



Read more at Yahoo Finance: Start Network, Aon partner on reinsurance product for climate risk