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Thu 21 Nov 2024 | Parametric Insurer

NormanMax Syndicate to grow stamp capacity to £108mn in 2025

NormanMax Syndicate 3939, the first Lloyd’s syndicate dedicated to parametric natural cata ...

Wed 20 Nov 2024 | Parametric Insurer

Lockton Re to develop new parametric products with Verisk crop models

Lockton Re has announced a partnership with Verisk to use its risk models for agriculture ...

Wed 20 Nov 2024 | Parametric Insurer

Rokstone launches parametric nat cat facility with NormanMax

Aventum Group-owned MGA Rokstone has launched a global parametric offering for natural cat ...

Tue 19 Nov 2024 | Parametric Insurer

CCRIF SPC to pay $26.7mn to Panama after heavy rainfall

The government of Panama is set to receive $26.7mn after its excess rainfall policy with r ...

Tue 19 Nov 2024 | Parametric Insurer

California city Isleton set to purchase $2.5mn FloodFlash policy for community insurance program

The city of Isleton in California is set to approve the purchase of a parametric flood ins ...

Tue 19 Nov 2024 | Parametric Insurer

Munich Re supports parametric insurance pilot in Mississippi River Corridor

The Mississippi River Cities and Towns Initiative (MRCTI) has announced a parametric insur ...

Mon 18 Nov 2024 | Parametric Insurer

Blink Parametric parent adds Miller's Glenister as non-executive director

Miller's Alice Glenister has joined the board of CPP Group as a non-executive director as ...

Mon 18 Nov 2024 | Parametric Insurer

French space agency backs Descartes/SERTIT project to assess nat cat damage 

Descartes Underwriting and public research lab SERTIT have received financial support from ...

Fri 15 Nov 2024 | Parametric Insurer

ARC, WFP and AUDA-NEPAD launch disaster risk management platform at COP29

The African Risk Capacity, UN World Food Programme and African Union Development Agency la ...

Fri 15 Nov 2024 | Parametric Insurer

USDA makes $143mn in parametric payouts for Hurricane Milton

The US Department of Agriculture is paying more than $143mn in parametric insurance claims ...