Line of business: Parametric Page 1 / 4
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- September 12 2025
RVS 2025: 5 APAC takeaways from Monte Carlo as soft market bites
Ageas Re and Peak Re also outline plans to deepen their Asian footprint, while property cat rate dips, carrier M&A revival and AI disruption shape conversations at the reinsurer gathering.
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- September 4 2025
Typhoon Wipha, flooding unlocks US$2m Seadrif parametric payout in Laos
Payout was made under the new sovereign parametric insurance policy issued by the Asian risk pool in May, which features an annual aggregate trigger.
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- August 29 2025
Parametric insurance must simplify to boost public sector adoption: Seadrif’s Benedikt Signer
Executive director of the Southeast Asia Disaster Risk Insurance Facility outlines its mission to enhance insurance adoption in public sectors by simplifying product design and addressing market gaps.
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- August 19 2025
Asian Development Bank, UN collaborate to launch climate insurance solutions for Fijian small businesses
Initiative is supported by US$950,000 in technical assistance from the Asia-Pacific Climate Finance Fund.
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- July 31 2025
Descartes elevates Ben Qin as APAC head
Parametric specialist MGA also promotes WeeBeng Seow as acting head of Southeast Asia.
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- July 18 2025
Seadrif, Gallagher Re pioneer multi-peril parametric sovereign disaster risk policy for Laos
The two-year cover, first to use a government-reported impact-based trigger, expands the original flood-only placement to include typhoon, earthquake, and landslide.
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- July 14 2025
HDI Global, Descartes collaborate to offer parametric earthquake cover in Japan
Claims will be triggered based on thresholds measured by Japan Meteorological Agency’s shindo seismic intensity.
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- June 23 2025
‘APAC players are very engaged in ILS’: Twelve Securis seeks to fill the gap as cat bonds peak interest
Swiss asset manager is considering opening an office in Singapore or Hong Kong amid potential for cat bonds in the region, particularly from Chinese issuers and many Asian players looking to expand beyond traditional players like Japan.
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- June 4 2025
‘Exposed and vulnerable’: Australia’s wine industry in need of innovative solutions to cork protection gap
Parametric insurance is emerging as a viable alternative to traditional covers, addressing critical gaps for both large vineyards and single-vintage producers, according to underwriters and industry bodies.
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- June 2 2025
Not enough, wrong time, or too much: extreme weather forces shift in agri policies to protect APAC’s vulnerable crops
As yields become increasingly variable, demand for mixed solutions that offer broader business interruptions and livelihood protection for farmers, including with governmental support, is rising.
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- May 9 2025
‘No barriers’ to ILS activity in Asia, says Peak Re’s Iain Reynolds
With the current soft market, investors are being offered 'quite a lot of deals', requiring issuers to fight for attention, the director of third-party capital at the Hong Kong-based reinsurance specialist tells InsuranceAsia News' Between The Lines podcast.
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- April 25 2025
Parametric insurance ‘plugs the gap’ as nat cat losses strain traditional coverage: Descartes’ Ben Qin
Head of North Asia and Australia tells InsuranceAsia News’ Between The Lines podcast that parametric insurance's speed and payout certainty offers a critical advantage over traditional claims.
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- March 17 2025
Korean regulator to promote parametrics, support carriers’ overseas expansion to tackle emerging risks
FSC announces 11 proposals to address five major challenges – climate, overseas expansion, technology, population, and debt management.
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- March 11 2025
PCRIC makes US$45,000 parametric payout on coral reef cover in Cyclone Rae aftermath
Payment to an NGO in Fiji will be used for reef clean-up and restoration activities and community livelihood support hit by the tropical cyclone.
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- March 3 2025
Allianz Commercial appoints Rosa Ficarra as APAC ART head
Ficarra will relocate from London, and be responsible for new and renewal alternative risk transfer (ART) business in Asia and Australia.
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- February 17 2025
Vietnamese coffee farmers receive first-ever payout from Willis’ parametric policy
The risk transfer solution, backed by the Natural Disaster Fund and in partnership with Bao Minh Insurance, uses satellite data to measure rainfall levels in the country’s coffee-growing regions.
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- February 4 2025
Generali, Descartes partner to launch parametric ILS fund
Twelve Capital-managed fund will invest in a portfolio that includes cat bonds and securitised natural-perils parametric insurance policies.
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- January 23 2025
With Donald Trump’s ESG curveball, what’s the outlook for APAC liability coverage?
With environmental, social and governance (ESG) back in the spotlight in the first week of the new US presidency, market experts say clients are demanding liability cover amid an ever-changing regional landscape.
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- January 20 2025
Swiss Re CorSo bets on international programs, ART to differentiate: Ivan Gonzalez
CEO says insurer plans to increase premiums from the two businesses to more than 25% of its GWP in three years from 19%.
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- December 13 2024
WRMS’ SecuRisk tackles data and distribution hurdles to enhance climate resilience
The biggest challenges are minimising basis risk and providing coverage for smaller beneficiaries, such as smallholder farmers and micro-entrepreneurs, often overlooked by large insurers.
