All the headlines from our Parametric Topic Page, ordered by recency.
Dec 5 2025 // Bold Penguin announced a partnership with Adaptive Insurance, expanding coverage options available through the Bold Penguin Placement Desk. Adaptive is pioneering the path to resilience in the face of emerging climate...
Nov 7 2025 // The Caribbean parametric insurer, CCRIF SPC, announced it will make a second payout of US$21.1 million to the government of Jamaica – a policy triggered by excess rainfall from Hurricane Melissa.This payout follows the...
Nov 4 2025 // The Caribbean Catastrophe Risk Insurance Facility (CCRIF) announced it will make a payout of US$70.8 million to the government of Jamaica to cover damages from Hurricane Melissa.This marks the largest single payout in the...
Oct 20 2025 // The way communities nationwide recover from natural disasters may never be the same. The National Flood Insurance Program (NFIP) expired on September 30. (Editor’s note: As of press time it had yet to be renewed.)...
Oct 15 2025 // The way communities nationwide recover from natural disasters may never be the same. The National Flood Insurance Program (NFIP) expired on September 30. Simultaneously, pending congressional legislation stands to...
Oct 2 2025 // Willis, a business of WTW, announced the launch of a parametric policy that is activated automatically when a red weather warning is issued by the UK Met Office or Met Éireann, the Irish National Meteorological Service....
Sep 4 2025 // With inland flooding, storm surge losses and government cutbacks on the rise, parametric flood insurance may finally be having a moment in Florida and elsewhere in the Southeast.“It’s starting to get some...
Aug 29 2025 // Liberty Mutual Reinsurance (LM Re) and Safehub, a provider of seismic sensor and risk management technology, announced the launch of an earthquake parametric insurance solution, called “ShakeNet...
Jul 14 2025 // The Japan branch of Germany-based corporate & specialty insurer HDI Global SE, part of Talanx AG, has received regulatory authorization in Japan to offer parametric earthquake insurance.HDI Global collaborated with...
Jun 30 2025 // One of the most successful hedge fund strategies of recent years — insurance-linked securities — is latching on to an old idea whose popularity is suddenly soaring.Parametric insurance, where policyholders get quick...
Jun 26 2025 // Descartes Expands US Parametric Flood Cover for BusinessesParametric insurance company Descartes Underwriting has a new flood insurance product it said delivers better protection for US businesses, investors, and...
Jun 18 2025 // Descartes Underwriting, the Paris-based parametric insurer for climate and emerging risks, announced a strategic investment by Battery Ventures, a technology-focused investment firm.Financial details of the investment were...
Jun 13 2025 // This edition of International People Moves details appointments at Beazley and QBE Insurance.A summary of these executive hires follows here. Beazley, headquartered in London, appointed Stefan Wunderlich as head of...
May 19 2025 // Parametric insurance experts don’t see the coverage replacing traditional insurance. But how are the specialized products currently used—and how could their adoption expand in the future?Ten East Carolina students...
Feb 26 2025 // NormanMax Insurance Holdings, the Miami-based provider of parametric re/insurance solutions, has agreed to acquire FloodFlash, the parametric flood managing general agent, subject to regulatory...
Feb 5 2025 // Aon plc said it has launched a new parametric insurance solution designed to address and mitigate commercial losses from hurricane-related storm surge along the coast of the U.S.Developed with parametric flood insurance...
Jan 23 2025 // Descartes Underwriting has announced the launch of a parametric insurance product to protect utility-scale solar farms against tornado damage.According to a press release, the coverage uses satellite data and analytics to...
Dec 12 2024 // Guy Carpenter said it is starting a research project to explore the use of parametric insurance solutions in California and Florida for wildfire and hurricane risks.The effort will focus on the use of a...
Nov 20 2024 // Rokstone, the London-based speciality re/insurance MGA that is part of the Aventum Group, has launched Rokstone Parametric in partnership with NormanMax Lloyd’s Syndicate 3939.With an initial US$10 million worldwide...
Oct 2 2024 // What is being called the first sensor-triggered earthquake parametric insurance policy in the U.S. was purchased by The University of California.Liberty Mutual Reinsurance, part of Liberty Mutual Insurance Group, and...