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Emerging risks | Growth Opportunities | APAC Insurance

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Monday, November 2, 2026

Parametric

descartes-to-grow-global-headcount-50-in-the-next-12-months
Descartes to grow global headcount 50% in the next 12 months
June 29 2024
Management restructure, key hires, and four new U.S. branches aim to support business growth of over 100 new employees in the next year.
climate-insurtech-ibisa-secures-us3m-funding-to-scale-parametric-insurance-in-asia-and-africa
Climate insurtech IBISA secures US$3m funding to scale parametric insurance in Asia and Africa
June 26 2024
Funding will support expansion into emerging markets.
marsh-launches-centre-for-climate-adaptation-and-resilience-excellence-in-singapore
Marsh launches Centre for Climate Adaptation and Resilience Excellence in Singapore
June 19 2024
New centre will offer data, expertise, and insurance to help businesses adapt to climate change.
parametric-heatwave-microinsurance-triggers-in-india-providing-relief-for-nearly-50000-women
Parametric heatwave microinsurance triggers in India, providing relief for nearly 50,000 women
June 13 2024
The parametric product, underwritten by Swiss Re and provided locally by ICICI Lombard, was triggered by 40°C heatwaves in May, paying out to 46,242 low-income women in India.
pcric-and-wtw-develop-parametric-solution-for-pngs-undersea-cable-network
PCRIC and WTW develop parametric solution for PNG’s undersea cable network
May 20 2024
Bespoke parametric policy provides earthquake cover for submarine fibre optical cables that are installed and operated by PNG DataCo.
world-bank-and-jamaica-renew-cat-bond-with-us150m-issuance-in-hong-kong
World Bank issues US$150m parametric cat bond in Hong Kong for Jamaican storm cover
May 6 2024
Jamaican Government's hurricane cover renewed through World Bank's second HK-listed cat bond.
irdai-sets-all-in-one-insurance-product-premium-at-1520-rupees-us18-including-parametric-property-claims
IRDAI sets premium for 'All-in-one' insurance product at 1,520 rupees (US$18)
April 27 2024
India's 'Bima Vistaar' product includes insurance coverage for life, health, personal accident, and property, and a parametric claims process for property.
hannover-re-sponsors-first-ever-cloud-outage-cat-bond
Hannover Re sponsors first-ever cloud outage cat bond
April 16 2024
US$13.75m Cumulus Re is modelled by Parametrix and uses a parametric trigger to protect Hannover Re against cloud outage loss accumulation in its cyber portfolio.
cyber-insurers-eye-parametric-opportunities-in-apac
Cyber insurers eye parametric opportunities in APAC
March 28 2024
The challenge is not a lack of data. It’s how that data should be interpreted.
zurich-and-klook-partner-on-embedded-parametric-travel-delay-product
Zurich and Klook partner on embedded, parametric travel delay product
March 22 2024
Partnership, in conjunction with insurtech Blink, offers instant lounge access upon trigger of a flight delay.
lloyds-uncdf-launch-parametric-insurance-workshops-in-pacific-islands
Lloyd's, UNCDF launch parametric insurance workshops in Pacific Islands
March 19 2024
PNG and Fiji workshops follow MOU signed in Sep 2023 and will help support local development of parametric insurance for regional insurers, reinsurers, and central banks.
insurers-seek-to-balance-short-term-and-long-term-fixes-to-australias-affordability-crisis
Insurers seek to balance short-term and long-term fixes to Australia’s affordability crisis
March 12 2024
Long-term solutions can be costly but quick fixes should not be allowed to eclipse them.
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