All Parametric Insurance articles
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Expert ViewsTaken by storm - how medium-sized enterprises can use parametrics to tackle nat cat risks
Medium-sized enterprises (MSEs) play a vital role in our economy. However, these companies face unique challenges when it comes to risk management, particularly in dealing with natural catastrophes such as storms, flooding, or earthquakes.
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Case StudiesCase study: Enhancing urban resilience in Medellín through insurance protection for climate risks
Following the conclusion of the two-year Medellín Tripartite Project in Colombia, the risk industry team involved reflects on the project’s outcome, the challenges they overcame, and how the knowledge they gained on the way can help future resilience programmes
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OpinionOpinion: Why unconventional industries require an innovative approach to risk and insurance
Unconventional industries like 3D printing, space mining, and cryptocurrency may find it difficult to access traditional insurance. A hybrid approach can help, says Randy Sadler, a risk management expert and captive insurance manager at CIC Services
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Case StudiesCase study: How Taprobane Seafood Group are using parametrics to protect against nat cats
A new and innovative parametric structure is allowing shrimp farms in Sri Lanka to protect themselves against multiple weather risks not covered by traditional insurance
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Case StudiesCase study: How parametric solutions allowed Aboitiz Power to insure the uninsurable
Simplicity, pre-defined triggers, and fast payouts are some of the key advantages of a parametric approach to extraordinary Nat Cat risks, says chief risk officer, Annacel Natividad
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AnalysisCyber parametric solution will ease risk managers’ headaches
Founder and CEO of Intangic expects the concept will quickly become familiar with insurance buyers
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AnalysisCloud providers suffered nearly 500 critical outages in 2022
About a third of events impacted US cloud regions, with a total of 1,190 performance disruptions overall
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AnalysisLondon-based Cyber MGA launches with parametric policy
The policy has two triggers: the level of malicious activity targeting a company, and a subsequent loss in value
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AnalysisInterest in parametrics grows as traditional capacity retrenches
Offers an “affordable solution” for large-scale insurance of catastrophic and agriculture exposures - New Dawn Risk
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AnalysisParametrix to pay claims after MS Azure Outage
Outage at the world’s second-ranked cloud service provider brought down multiple regions for nearly three hours
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AnalysisAirmic: Supply chain crisis calls for innovative risk transfer
Association’s new toolkit asks 12 key questions to help directors keep pace with an increasingly complex risk landscape
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AnalysisRisk managers demand shift from insurers
Traditional insurance products may not be fit for purpose in the face of evolving climate risks
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AnalysisClimate risk still not a priority, warns Airmic
Risk professionals are prioritising near-term natural peril threats, at the expense of longer-term climate impacts
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Expert Views2022: The year parametrics got creative
With use cases encompassing natural perils, BI and property damage, parametric insurance is no longer a niche play
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AnalysisInsuring the transition
The industry has a ‘once in a lifetime’ chance to support the transition to Net Zero. So what are we waiting for?
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Expert Views4 things captive owners should know about parametrics
As interest in parametric solutions continues to grow, Thomas Keist of Swiss Re Corporate Solutions considers how they can be used in the context of a captive
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AnalysisEuropean wildfires rise 75% YOY
As wildfires have only recently been considered a material peril, the modelling is not as developed
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AnalysisSupply disruption rises as Rhine levels fall
Water levels are at their lowest for the time of year since 2007, limiting the commodities that barges can carry
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AnalysisEarth observation data: A new frontier
The application, accuracy and quantity of satellite data continues to explode with opportunities for risk transfer and mitigation
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Analysis‘Only a matter of time’ until parametrics become the norm
Why cover for IT downtime will be ‘the next stage of growth in parametric insurance’
