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Emerging risks | Growth Opportunities | APAC Insurance

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Sunday, November 8, 2026

Parametric

Circular portrait of a smiling woman over a background of Gardens by the Bay Supertree Grove and the SEADRIF logo on the top left.
SEADRIF appoints Felicia Khoo as strategic development lead
August 3 2026
She joins after over two years with Swiss Re, where she was senior regulatory risk manager and vice-president.
Smiling woman portrait centered on a Singapore skyline with Gardens by the Bay and the SEADRIF logo.
SEADRIF taps Munich Re executive Xinmei Zheng for COO role
July 29 2026
Zheng brings nearly two decades of (re)insurance experience spanning underwriting, risk solutions and regional market development.
Busy airport check-in area with a large electronic flight information board above and crowds queuing at counters, Taiwan Taoyuan International Airport signage visible.
Cathay Life adds Collinson's parametric flight delay cover in Taiwan
July 29 2026
The deal follows SmartDelay tie-ups with Ping An Hong Kong and Sompo in Singapore, China and Malaysia.
Smiling man’s headshot in a circular frame placed over a coastal cityscape with the Pacific Catastrophe Risk Insurance Company logo.
PCRIC appoints Praneel Pritesh as business development advisor
July 23 2026
He brings more than 17 years of experience spanning government, international development and financial services across the Pacific.
Close-up map highlighting the island nation of Tonga with two red pushpins nearby.
Tonga's expanded drought policy triggers PCRIC payout after Niua rainfall shortfall
July 7 2026
It marks the country's second payout from the regional insurer, and the first under drought cover it added only at this year's renewal.
Three young women walk along a busy street with pink scarves draped over their heads; one looks down at a phone while the others adjust their scarves as cars pass by in the background.
Parametric heat insurance triggers payouts for over 39,000 women workers in India
July 3 2026
A total of ₹2.06m (US$21,700) was paid to insured women workers across Gujarat and Delhi.
vision-insurance-placements-gains-lloyds-coverholder-status
Descartes gains Lloyd's coverholder status via OAK Global partnership
June 16 2026
The tie-up allows Descartes to scale parametric insurance offerings at Lloyd’s, targeting climate and emerging technology risks.
seadrif-launches-first-anticipatory-drought-insurance-pilot-in-laos
SEADRIF, UN's FAO launch anticipatory drought insurance pilot in Laos
May 29 2026
As mainland Southeast Asia braces for a potential return of El Niño in 2026–27, SEADRIF and the FAO have rolled out an index-triggered drought insurance pilot in Laos.
ai-set-to-reshape-insurance-but-most-carriers-lag-on-readiness-am-best-survey
ASIC flags governance gaps in tech-led insurance innovation
May 21 2026
The Australian regulator highlights emerging conduct, accountability and governance challenges as insurers expand AI use and distribution through digital platforms.
willis-global-parametrics-pay-vietnam-coffee-farmers-after-heavy-rainfall
Willis, Global Parametrics, Bao Minh policy pays out to Vietnamese coffee farmers after heavy rainfall
May 21 2026
This marks a second parametric payout to Vietnamese coffee farmers, highlighting expanding climate risk protection through separate policies.
Richard_Poulter_to_SEADRIF
SEADRIF appoints Richard Poulter to lead Sovereign Asset and Fiscal Empowerment Facility
May 19 2026
He joins from Pacific Catastrophe Risk Insurance Company, where he was CRO.
us100000-drought-payout-in-nepal-signals-growing-insurance-role-in-climate-resilience-finance
Global Parametrics-developed insurance policy delivers US$100,000 payout to Nepal communities
May 14 2026
The payout marks Nepal’s first use of a parametric drought insurance policy, stakeholders said, with funds supporting food aid and farming tools in Bajura district.
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