All parametric insurance articles
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NewsTaken by storm - how medium-sized enterprises can use parametrics to tackle nat cat risks
Medium-sized enterprises (MSEs) play a vital role in our economy. However, these companies face unique challenges when it comes to risk management, particularly in dealing with natural catastrophes such as storms, flooding, or earthquakes.
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AnalysisCase study: Enhancing urban resilience in Medellín through insurance protection for climate risks
Following the conclusion of the two-year Medellín Tripartite Project in Colombia, the risk industry team involved reflects on the project’s outcome, the challenges they overcame, and how the knowledge they gained on the way can help future resilience programmes
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AnalysisOpinion: Why unconventional industries require an innovative approach to risk and insurance
Unconventional industries like 3D printing, space mining, and cryptocurrency may find it difficult to access traditional insurance. A hybrid approach can help, says Randy Sadler, a risk management expert and captive insurance manager at CIC Services
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AnalysisCase study: How Taprobane Seafood Group are using parametrics to protect against nat cats
A new and innovative parametric structure is allowing shrimp farms in Sri Lanka to protect themselves against multiple weather risks not covered by traditional insurance
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AnalysisCase study: How parametric solutions allowed Aboitiz Power to insure the uninsurable
Simplicity, pre-defined triggers, and fast payouts are some of the key advantages of a parametric approach to extraordinary Nat Cat risks, says chief risk officer, Annacel Natividad
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NewsInterest in parametrics grows as traditional capacity retrenches
Offers an “affordable solution” for large-scale insurance of catastrophic and agriculture exposures - New Dawn Risk
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NewsParametrix to pay claims after MS Azure Outage
Outage at the world’s second-ranked cloud service provider brought down multiple regions for nearly three hours
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NewsParametric solution for extreme rainfall launches in Singapore
The parametric insurance product is designed to help travellers manage the impact of unexpected weather conditions
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NewsEarth observation data: A new frontier
The application, accuracy and quantity of satellite data continues to explode with opportunities for risk transfer and mitigation
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NewsTargeting Asia’s protection gap
How innovation can build natural catastrophe resilience across the region
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NewsUNDP partners with Generali to tackle protection gap
The partnership will support developing countries’ access insurance and risk finance solutions
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NewsDescartes in bid to disrupt corporate insurance
The parametric insurtech has raised $120m to expand its solutions for risks relating to climate change
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NewsCan parametrics close the gap?
Parametric products have role to play in closing protection gaps and catering to emerging risks like NDBI and cyber
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NewsReinsurance bosses face up to systemic risks
Transparency is needed as re/insurers navigate the systemic risk potential of pandemics, cyber and climate change
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NewsFERMA Talks: Channelling strategic foresight
Horizon scanning is an essential tool for policymakers, explained European Commission vice president Maroš Šefčovič
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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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NewsRIMS Australasia 2021: Hard market sparks captive discussions
Higher premiums and falling coverage is prompting insurance buyers to explore captive and virtual captive structures
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NewsFlood exposures up by 24% since 2000
Nearly 90% of flood events over the past two decades occurred in South and Southeast Asia
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NewsParametric quake cover launches for Japan corporates
Seismographs are installed directly at a client’s premises to provide a faster claims pay-out process
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News2021 to bring “very active” cyclone season
The number of forecast tropical cyclone landfalls across East Asia varies significantly, with below-normal figures forecast for Japan and Korea