All Parametric Insurance articles
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NewsDWIC 2025: Parametric products step up to fill protection gaps
Across Asia, Africa and the Middle East, parametric models are being deployed to counter natural catastrophes, cyber outages and agricultural disruption.
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NewsLiberty Mutual Re expands parametric cover with Colombian agriculture launch
Liberty Mutual Reinsurance has launched a new parametric livestock insurance product in Colombia, aiming to protect farmers from climate-related risks and enhance the resilience of agricultural financing.
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NewsDWIC 2025: Closing the catastrophe protection gap across MEASA
Panellists from Munich Re Underwriting Agents, Gallagher Re and AM Best discussed the catastrophe reinsurance market in the Middle East and beyond.
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NewsParametric expanding in Africa and ILS markets – GC&C’s Edwards
Simon Edwards leads parametric underwriting at Generali Global Corporate & Commercial (GC&C) in the UK, including an expanding partnership with Descartes Underwriting.
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NewsWillis, Global Parametrics announce first parametric payout in Vietnam
Backed by the Natural Disaster Fund and in partnership with Bao Minh Insurance Corporation, the parametric product protects coffee growers affected by drought in the Southeast Asian country.
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NewsAon, Swiss Re and Floodbase launch storm surge parametric partnership
Parametric solution bringing together the broker, re/insurer and parametric provider aims ‘to bolster US hurricane insurance protection’.
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NewsGenerali and Descartes launch ILS fund parametric partnership
Descartes Underwriting and GC&C co-launch Lumyna Twelve Capital parametric ILS Fund
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NewsNormanMax, Apollo launch first dedicated parametric nat cat Lloyd’s syndicate
Syndicate 3939 will be led by Stuart Newcombe, former active underwriter for Munich Re Innovation Syndicate 1840, as its active underwriter.
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NewsNormanMax gets Lloyd’s ‘in principle’ approval for parametric Syndicate 3939 with Apollo
US parametric re/insurer gains the initial nod from the Lloyd’s Council to launch a new syndicate, focused on climate change-affected cat business.
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NewsMozambique gains parametric cyclone solution
Africa Specialty Risks is lead reinsurer in the $35m placement for Africa’s second most disaster prone country
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NewsNew York parametric flood pilot will use satellite data
Guy Carpenter, Swiss Re and ICEYE have joined forces to test a parametric flood insurance program for New York City
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NewsDescartes launches balance sheet insurer
Sébastien Piguet, Descartes Underwriting’s chief underwriting officer, will serve as CEO of Descartes Insurance
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NewsGallagher Re & Africa Re partner to tackle Africa’s protection gap
Regional drought conditions and the global political environment call for prompt action around resilience and risk transfer solutions
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NewsEarth observation data: A new frontier
How satellites tracking natural catastrophes from space are an important source of data for innovative re/insurers
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News‘Only a matter of time’ until parametrics become the norm
Why cover for IT downtime will be ‘the next stage of growth in parametric insurance’
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NewsParametric ‘ugly duckling’ could become sector’s ‘future’
“Ugly duckling” parametric policies have the potential to evolve into the ”future of insurance,” according to Eric Schuh, chief insurance officer and chief financial officer at Element Insurance AG.
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NewsInsurtech MGA using parametric call to brokers after $120m funding
Insurtech MGA Descartes Underwriting has raised $120m as it looks to expand relationships with brokers.
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NewsThe ART of renewals
Alternative risk transfer and parametric solutions can offer more than just relief from a hard market
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NewsAfrica Specialty Risks Continues Growth With Launch Of Parametric Underwriting Division
Africa Specialty Risks (“ASR”) is pleased to announce the launch of its parametric division, alongside the appointment of Dr Raveem Ismail as Head of Parametric Underwriting and Ian Bishop as Parametric Product Manager.
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NewsThree trends driving the growth of parametric insurance in 2021 – FloodFlash
FloodFlash’s chief executive, Adam Rimmer tells Insurance Times about the three trends driving the growth of parametric insurance
