Global Parametrics

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Global Parametrics Natural Disaster Fund to be seeded by DFID

Global Parametrics, the parametric and index-based risk transfer start-up backed by the UK and German governments, is set to receive a seed investment in its insurance-linked Natural Disaster Fund from the UK government's Department for International Development (DFID).A Reuters article first stated that the Department for International Development (DFID) is read the full article →

VisionFund targets Global Parametrics support for recovery lending

VisionFund International, a division of global charity World Vision that oversees the entity’s microinsurance operations, is targeting parametric insurance and risk transfer as a way to back its innovative recovery lending programme.Through collaboration with Global Parametrics, a parametric and index-based risk transfer start-up that’s backed by the UK and German read the full article →

Global Parametrics appoints Nina Shapiro as Chair

Global Parametrics, the parametric and index-based risk transfer start-up that is backed by the German Government, through its development finance bank KfW, the Climate Insurance Fund and the UK Government’s Department for International Development (DFID), has appointed a new Chairperson, Nina Shapiro.Shapiro will succeed Stefan W. Hirche of KfW, who read the full article →

Global Parametrics adds UK Government funding from DFID

Global Parametrics, the parametric and index-based risk transfer start-up has secured the rest of its initial financing round, with a £7.9 million investment from the UK Government's Department for International Development (DFID).Global Parametrics aims to provide its parametric risk transfer solutions to organisations which are largely unprotected today, designing products read the full article →