Multiple Peril Crop Insurance Model

The insurance-linked security (ILS) and reinsurance-linked investment market increasingly shows an interest in adopting the use of crop insurance risk models, as the sector looks to find new avenues to deploy capital into for premium income return. The ILS and collateralized reinsurance market sees crop as a potential new peril.

Kalista Global the Bermuda headquartered insurance and reinsurance services firm focusing on the insurance-linked securities (ILS), catastrophe bond, parametric re/insurance and alternative reinsurance sectors, has launched another new product today. Hot on the heels of the launch of an index-based ENSO (El Nino) cover the firm has announced the launch of a range of multi-peril […]

Risk modeller AIR Worldwide have launched a new crop weather insurance model for China today. The new model is being hailed as the industry’s first Multiple Peril Crop Insurance (MPCI) Model for China and provides a fully probabilistic approach for determining losses to China’s main crops: corn, cotton, rapeseed, rice, soybeans, and wheat.