Parametric

Supply chain shifts create opening for parametric insurance: Otonomi

June 4 2025

Amid volatile tariffs and shifting trade routes, Otonomi founder Yann Barbarroux is betting on parametric cargo delay cover to help address supply chain underinsurance.

state-run-new-india-assurance-to-release-climate-risk-cover-for-retailers-businesses-reports

New India Assurance to launch parametric insurance product in May: Reports

May 22 2025

State-run insurer is set to roll out a climate risk parametric insurance product for retail and business clients this month.

bajaj-allianz-general-insurance-launches-parametric-climate-risk-cover

Bajaj Allianz launches parametric insurance for climate-related risks in India

April 29 2025

ClimateSafe offers trigger-based payouts for a wider range of weather-related income loss and expenses.

msig-thailand-launches-parametric-feature-offering-lounge-access-during-delays

MSIG Thailand launches parametric travel delay offering

April 25 2025

The new offering is the latest in a series of parametric travel cover launched by carriers in Asia Pacific.

seadrif-pcric-collaborate-with-global-peers-on-us5-3m-disaster-risk-financing-project

SEADRIF, PCRIC, global peers secure US$5.3m grant grant to boost joint climate resilience efforts

April 16 2025

Grant agreement looks to strengthen global collaboration among regional risk pools, enhance technical capacity, and improve access to risk capital.

japans-insurance-industry-to-top-us400bn-in-2029-globaldata

APAC cedents capitalise on softening market at April renewals

April 7 2025

Carriers secured favourable reinsurance terms amid strong competition and abundant capital, though rising catastrophe losses could limit future rate reductions.

china-focuses-on-parametric-in-agricultural-risk-as-premiums-breach-150-billion-yuan

China pushes for more parametric agricultural solutions, as premiums breach 150 billion yuan

March 14 2025

National People's Congress calls for diversification of agricultural insurance types and enhanced data infrastructure.

Saltoro cherry loss opens door for more parametric cargo insurance solutions

March 13 2025

Industry experts call for expanded solutions to help bridge gaps in traditional cargo offerings.

A group of people playing in front of a shack on the beach.

PCRIC issues payout to Vatuvara Foundation for Cyclone Rae damage

March 11 2025

The payment, equivalent to 10% of the coverage limit, will support reef restoration and community recovery efforts.

ping-an-hong-kong-adds-collinsons-smartdelay-to-travel-insurance

Ping An Hong Kong partners with Collinson on SmartDelay parametric travel delay insurance

March 10 2025

The insurer expands parametric travel coverage with automated lounge access and flight disruption compensation.

Blue Marble launches reinsurance facility to expand global parametric capacity

March 4 2025

Facility aims to expand protection for underserved communities, including in Asia, and is backed by Zurich and global reinsurers.

rosa-ficarra-named-head-of-art-for-allianz-commercial-asia-pacific

Allianz Commercial's Rosa Ficarra moves to Singapore as Head of ART for APAC

March 3 2025

Ficarra moves from London to lead Allianz Commercial's alternative risk transfer business in Asia and Australia.

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