Line of business: Parametric Page 1 / 5
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- September 6 2026
Howden Re rolls out international alternative solutions practice with dedicated parametric unit
New practice spans structured reinsurance, climate science, data analytics, product design, portfolio structuring, pricing, capital markets and placement.
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- September 6 2026
Seadrif wires second US$1.14m to Laos govt, WFP as heavy rains continue
Second payment by the insurer lifts total parametric disbursements to US$2.278m in less than a week under a two-year sovereign policy that provides up to US$16m in multi-peril protection.
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- September 3 2026
Descartes, Generali GC&C renew ‘truly symbiotic’ strategic partnership
Expanding on their 2019 partnership, the renewal secures a a durable, long-term framework to further strengthen the partners’ position in the global parametric insurance market.
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- September 1 2026
Seadrif triggers US$1.14m parametric payout for Laos floods
Insurer disburses US$1m to the government under its US$8m annual coverage and US$137,500 to the UN's World Food Programme under its US$1.1m policy.
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- September 1 2026
‘Good times’ for India’s reinsurance buyers despite rising El Nino climate risk: Edme’s Vinod Krishnan
India's agricultural sector faces significant losses due to crop failure, creating demand for innovative risk transfer solutions, the CEO of treaty reinsurance tells InsuranceAsia News.
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- August 24 2026
Typhoon Dolphin’s ‘salty’ cargo disruption bill only going one way as North Asian port congestion bites
With over 2.4m TEU of capacity stranded across Shanghai and Ningbo after three storms in five weeks, Otonomi CEO Yann Barbarroux says the compounding congestion is reshaping the risk calculus for cargo owners just as peak season approaches.
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- August 6 2026
PCRIC makes third drought parametric payout to Tonga
Payout funds assistance following the arrival of drought conditions in Tonga's Ha'apai and Tongatapu islands.
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- August 4 2026
GAIP calls for industry action to avoid ‘insurability tipping point’
Insurance industry should adopt integrated risk intelligence, adaptive product design and invest in climate resilience to preserve insurability, the Singapore-based policy think-tank says.
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- July 28 2026
Munich Re Specialty launches Japan parametric earthquake cover via Lloyd’s
Product for corporate clients will provide post-event liquidity and support business continuity even without physical damage.
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- July 7 2026
PCRIC makes second drought parametric payout to Tonga
Payout funds assistance following the arrival of drought conditions in Tonga's Niua island group.
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- June 3 2026
Cargo parametric insurer charts route to US$68bn protection gap with ‘new shiny object’
Founder and CEO Yann Barbarroux tells InsuranceAsia News’ Between the Lines podcast that Otonomi is scaling up its cargo-delay cover on rising demand from brokers, freight forwarders, and shipping lines.
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- May 29 2026
Seadrif, UN launch anticipatory drought insurance pilot in Laos
Policy provides pre-arranged financing based on early warning data, before drought conditions severely affect farming households and rural communities.
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- May 21 2026
Willis, Global Parametrics deliver parametric payouts to Vietnam coffee farmers after Typhoon Kalmaegi
Rainfall exceeded 1.7m in some parts, with Gia Lai province one of the areas badly affected.
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- May 20 2026
Asia’s ‘interlinked’ protection gaps require a virtuous cycle of risk reduction, insurance, and government backing: GAIP
CEO Min Hung Cheng tells InsuranceAsia News about the non-profit organisation's three interdependent layers of solutions to address risk and protection gaps.
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- May 14 2026
Nepal drought triggers US$100,000 parametric payout to farmers
First-of-its-kind payout in Nepal, which was as designed by Global Parametrics, benefitted 405 people.
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- May 7 2026
Seadrif, UN World Food Programme launch US$1.1m parametric disaster cover for Laos
Impact-based disaster insurance policy, which is valid for 12 months from May 1, spans multiple hazards, including floods, tropical cyclones, earthquakes and landslides.
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- May 3 2026
ADB issues US$160m inaugural sovereign cat bonds for Kyrgyzstan, Tajikistan
Two Asian Development Bank (ADB) US$80m bonds with parametric triggers listed on the Singapore Exchange will offer protection against earthquakes and flooding.
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- April 21 2026
PCRIC makes voluntary US$550,000 payment to Fiji for Cyclone Vaianu recovery
Cyclone brought heavy rain, flash flooding, and strong winds as it passed the western coast of Fiji earlier this month, although it did not meet the thresholds under the parametric insurance policy.
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- April 2 2026
PCRIC pioneers drought parametric cover for Nauru
Policy provides financial protection for the Pacific island nation against drought for 12 months until March 2027.
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- March 18 2026
Indonesia to launch national parametric products for coffee, cocoa farmers
Insurtech Blue Marble, state-owned insurer Asuransi Jasindo, and the InsuResilience Solutions Fund are co-funding the development and implementation, with support from the Ministry of Agriculture.
