Parametric insurance news

Following the launch of Interactive Brokers’ ForecastEx platform, which allows investors to buy ‘yes’ or ‘no’ contracts based on stated outcomes for specific indicators, Artemis spoke to Patrick Brown, Head of Climate Analytics at the firm, about how these contracts allow investors to access risk-linked returns, as well as some of the key advantages they […]

Stonybrook Capital, a specialist investment banking, broking and strategic advisory firm focused exclusively on the insurance and reinsurance industry, has named Dan Butzbaugh as its new Global Practice Leader, Parametric, adding to a raft of recent hiring across the business.

A number of specialty insurers are increasingly turning to parametric insurance solutions as an effective tool to help support clean energy deployment, particularly by stabilising revenues and improving access to project finance, according to Jason Kaminsky, CEO, kWh Analytics.

Ministers from the G20, or Group of Twenty recently came together in Johannesburg, South Africa to address major global challenges and ways to promote sustainability, with members underscoring the importance of investing in building sustainable resilience through the use of disaster risk reduction (DRR) tools such as catastrophe bonds and parametric insurance.

Parametrix, a specialist in parametric cloud downtime cyber risk transfer, has confirmed that it has already paid claims to clients that were impacted by the Amazon Web Services (AWS) outage on October 20, 2025.

CCRIF SPC, the Caribbean and Central America Parametric Insurance Facility and Development Insurer, has unveiled a new parametric insurance product, the Livelihood Protection Policy (LPP), in Jamaica as the country continues to deal with the aftermath of Hurricane Melissa.

The Danish Red Cross is piloting a parametric flood insurance program in Malawi with the support of the African Risk Capacity (ARC) as it looks to develop a sustainable solution to make humanitarian funding faster when disaster strikes.

Reflecting on the impacts of Hurricane Melissa, Jamaica’s Prime Minister Dr. Andrew Holness has stressed the importance and effectiveness of responsive disaster risk financing instruments in reducing the country’s debt burden in the aftermath of the hurricane.

The Asian Development Bank (ADB) has approved plans to issue a pilot parametric catastrophe bond for Kyrgyz Republic and Tajikistan which could be as much as $100 million in size, protecting both countries against earthquake and flood risks.

Descartes Underwriting, the parametric risk transfer specialist, has adopted mea Platform’s artificial intelligence (AI) products to enhance automation and data orchestration across its underwriting processes.