Parametric

SEADRIF pays out US$2m to Lao PDR under new sovereign parametric insurance policy

September 4 2025

The new policy, issued in May and developed in partnership with Gallagher Re, uses human impact data as the trigger for payouts.

seadrif-sets-record-payouts-speeds-up-disaster-response-across-sea

SEADRIF marks milestone year with record payout, speeds up disaster response across Southeast Asia

August 14 2025

Annual report notes record US$3m payout to Lao PDR after Typhoon Yagi, capping a year of quick relief, expanded partnerships, and new coverage strategies for the region.

axa-motogo-launch-typhoon-parametric-cross-boundary-travel-insurance

AXA partners with MOTOGO to launch Hong Kong's first parametric typhoon policy

August 14 2025

The policy provides automatic payouts in MOTOGO points to motorists when Tropical Cyclone Warning Signal No. 9 or above is issued.

Descartes names Ben Qin as Head of Asia Pacific

July 31 2025

WeeBeng Seow has also been appointed Head of Southeast Asia.

msampad-launches-index-based-earthquake-cover-for-corporates-amid-nankai-trough-concerns

Japan's Mitsui Sumitomo Insurance to launch parametric earthquake cover for corporates

July 29 2025

The cover will be available as an add-on to Property Master policies from 1 October 2025.

seadrif-gallagher-re-partner-on-milestone-renewal-in-lao-pdr

SEADRIF, Gallagher Re partner on 'milestone' multi-peril parametric policy for Lao PDR

July 18 2025

Renewal expands coverage beyond flood and marks one of the first times government-reported human impact data serves as the trigger for payouts.

hdi-global-descartes-launch-parametric-earthquake-cover-in-japan

HDI Global, Descartes launch parametric earthquake product in Japan

July 14 2025

Generali GC&C are acting as a key reinsurer for the solution.

generali-puts-cyber-parametrics-and-multinationals-at-heart-of-asia-commercial-strategy

Generali puts cyber, parametrics and multinationals at heart of APAC commercial strategy

July 4 2025

Axel Roesner, Asia Head of GC&C, says regional expansion, improved loss prevention, and increased use of technology are core to new three-year plan.

australian-flood-estimation-guidelines-revised-to-reflect-climate-change

Battery Ventures invests in Descartes Underwriting

June 18 2025

Descartes says it will use funding from the tech investment firm to support its global parametric insurance growth.

qbe-enters-us1-6bn-reserve-deal-with-riverstone-and-enstar-to-de-risk-exposure

QBE Asia partners with IFC to promote property insurance resilience in Asia Pacific

June 12 2025

QBE becomes the first insurer to join the BRI program.

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