While the rising risk of a Super El Niño remains highly uncertain in both geography and magnitude, parametric trigger designs can add a crucial layer of granularity to climate coverage. According to...
Adaptive Insurance, a climate resilience company and parametric start-up, has successfully secured an additional $5 million in financing from new and existing investors, which will be used to...
The Natural Disaster Fund (NDF), a largely parametric risk transfer focused public-private partnership funded by UK and German governmental entities and managed by Global Parametrics (part of...
Liberty Mutual Reinsurance (LM Re), the reinsurance arm of the insurance group, and Safehub, a provider of seismic sensor and risk management technology, have partnered to provide the Mexican federal...
Liberty and ICEYE, a provider of satellite data and services to inform decision-making and analysis, have partnered together to launch a new parametric wildfire insurance solution that uses satellite...
The government of Mexico has now finalised its main insurance protection for natural disasters and severe weather events for the coming year, doubling the size of its parametric catastrophe insurance...
Isaac Anthony, CEO of CCRIF SPC, the regional parametric risk pool for the Caribbean and Central America, has announced that the organisation grew its coverage by 9% to US $1.57 billion, and...
Insurance broker and risk adviser Gallagher has collaborated with FloodFlash, a NormanMax company, to launch a new parametric insurance solution designed to protect golf courses from mitigate...
Jamaica’s Prime Minister and Minster for Finance and Public Services both praised global investor support for the $200 million IBRD CAR Jamaica 2026 catastrophe bond, with the third cat bond a key...
Willis, a business of insurance and reinsurance broker WTW, has launched a new...