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Thu 4 Jul 2024 | Parametric Insurer

CCRIF pays $6.4mn to Guatemala and monitors Beryl impact after 2024 renewals complete

Regional risk pool CCRIF SPC has made its first payout since its 1 June 2024 renewals, wit ...

Wed 3 Jul 2024 | Parametric Insurer

Hurricane Beryl likely to trigger parametric insurance and cat bond payouts

Parametric payouts worth tens of millions of dollars are likely to be paid to governments ...

Wed 3 Jul 2024 | Parametric Insurer

WTW’s Simmons: extending the value of (re)insurance to reduce vulnerability

WTW’s disaster risk finance and parametrics team has a pipeline of more than 50 projects f ...

Mon 1 Jul 2024 | Parametric Insurer

PCRIC appoints Poulter as chief risk officer

The Pacific Catastrophe Risk Insurance Company, a regional parametric risk pool, has named ...

Thu 27 Jun 2024 | Parametric Insurer

Descartes expands in US as Vetter promoted to head of Americas

Parametric MGA and insurer Descartes Underwriting has expanded its US presence and reorgan ...

Wed 26 Jun 2024 | Parametric Insurer

Aon secures $282mn expanded parametric program for Puerto Rico government

Aon has structured and placed an expanded parametric hurricane and earthquake coverage for ...

Tue 25 Jun 2024 | Parametric Insurer

NormanMax Syndicate 3939 introduces retro capacity for hurricanes and typhoons

US-based (re)insurance group NormanMax Insurance Services has started providing parametric ...

Tue 25 Jun 2024 | Parametric Insurer

LM Re and Global Parametrics’ NDF lead renewal of $11mn Mexican state parametric hurricane cover

The state government of Quintana Roo on Mexico’s southeastern coast has returned to the in ...

Tue 25 Jun 2024 | Parametric Insurer

Insurtech Ibisa raises $3mn to expand parametric offering in Asia and Africa

Climate insurtech Ibisa has closed a $3mn funding round, with the proceeds set to go towar ...

Mon 24 Jun 2024 | Parametric Insurer

Bahamas govt plans parametric public-private partnership for catastrophe risks

The Bahamas is working on a parametric insurance scheme to protect vulnerable, uninsured c ...