All Parametric articles
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News
Howden Re pre Monte report focuses on innovation
Rapidly changing nat cat, political violence and casualty re/insurance situations mean point to a greater need for collaborative innovation, reinsurance broker Howden Re said.
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Hannover Re issues Cumulus Re, first cloud outage cyber cat bond
Parametrix and Hannover Re cooperate to structure and place Cumulus Re, a $13.75m first-of-its-kind cyber risk catastrophe bond.
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Ryan Dodd: Parametric solution ‘wasn’t the intent, it was the result’
Founder and CEO of Intangic says cyber insurance policy can ‘ease some of the headache’ for risk managers
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Djibouti signs five-year disaster risk financing deal with ARC
Deal to protect climate-vulnerable communities in the Horn of Africa covers drought and excess rainfall
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Cyber MGA Intangic launches with AXA XL-backed parametric policy
The policy has two triggers: the level of malicious activity targeting a company, and a subsequent loss in value
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New 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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Descartes launches balance sheet insurer
Sébastien Piguet, Descartes Underwriting’s chief underwriting officer, will serve as CEO of Descartes Insurance
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Nigeria gains parametric flood resilience scheme
Solution will pay out based on flood magnitude with funds targeted for immediate infrastructure reconstruction
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Blink Parametric enters Pakistan with Salaam Takaful Limited
Agreement strengthens strategic partnership with Lloyd’s broker MNK Re with real-time flight solution an initial launch product
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WTW appoints Conway to head Ecosystem Resilience practice
She was Lead Climate Finance Negotiator for the US delegation to the UN Framework Convention on Climate Change
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Gallagher 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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Lloyd’s MGA Aura launches parametric solution for the Caribbean
Pay-outs are based on the hurricane category that intersects the insured’s radius location (typically 40 miles)
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Earth 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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‘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’