Global Parametrics

Share

Global Parametrics adds HSBC Global Asset Management (Americas) CEO to Board

Global Parametrics, the parametric and index-based disaster risk transfer company that launched with the backing of the UK and German governments, has added a new senior non-executive director to its board.Deborah A. Hazell currently serves as the Chief Executive Officer (CEO) of HSBC Global Asset Management (Americas), a role in read the full article →

Global Parametrics to use supercomputer to hone climate & seismic models

Global Parametrics, the parametric and index-based risk transfer company that launched with the backing of the UK and German governments, will utilise one of the world's fastest computers to enhance its climate and seismic risk models and help it develop products.Global Parametrics has signed a memorandum of understanding (MOU) with read the full article →

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 →

Global Parametrics Natural Disaster Fund launched with Vision Fund initiative

Global Parametrics, a parametric and index-based risk transfer start-up that’s backed by the UK and German governments, has launched a new climate insurance initiative, targeting African and Asian smallholder farmers, alongside VisionFund International, World Vision’s microfinance arm.The initiative, which has been targeted with meeting 1% of the G7 goal to 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 →

Global Parametrics appoints ex-World Bank exec Hector Ibarra to CEO

Global Parametrics, the recently launched start-up that aims to sell parametric and index-based risk transfer to organisations which are largely unprotected today, has hired Hector Ibarra, previously of the World Bank, as its Chief Executive Officer (CEO).Hector Ibarra is a high-profile appointment for the relatively new Global Parametrics, and the read the full article →

Global Parametrics to bring third-party capital to disaster risk transfer

The world of disaster risk transfer and financing for the developing world and development communities is getting increasingly interesting and relevant to the ILS world, with the latest news being the imminent launch of Global Parametrics, a parametric risk transfer provider backed by a third-party capitalised risk fund.Global Parametrics is read the full article →