Latest Parametric Headlines
All the headlines from our Parametric Topic Page, ordered by recency.
Markets/Coverages: HDI Global, Parametric Insurer Descartes Launch EQ Cover in Japan
Jul 14 2025 // The Japan branch of Germany-based corporate & specialty insurer HDI Global SE, part of Talanx AG, has received regulatory authorization in Japan to offer parametric earthquake insurance. HDI Global collaborated with...
Hedge Fund Strategy Built on Catastrophes Taps a Hot New Trend – Parametrics
Jun 30 2025 // One of the most successful hedge fund strategies of recent years — insurance-linked securities — is latching on to an old idea whose popularity is suddenly soaring. Parametric insurance, where policyholders get quick...
Markets/Coverages: Descartes Expands US Parametric Flood Cover for Businesses; EverPeak Takes Workers Comp Product to 11 New States
Jun 26 2025 // Descartes Expands US Parametric Flood Cover for Businesses Parametric insurance company Descartes Underwriting has a new flood insurance product it said delivers better protection for US businesses, investors, and...
Parametric Insurer Descartes Receives Investment From Battery Ventures
Jun 18 2025 // Descartes Underwriting, the Paris-based parametric insurer for climate and emerging risks, announced a strategic investment by Battery Ventures, a technology-focused investment firm. Financial details of the investment...
People Moves: Beazley Taps Swiss Re’s Wunderlich as Head of Parametric Insurance; QBE Promotes Browne to UK Casualty Director
Jun 13 2025 // This edition of International People Moves details appointments at Beazley and QBE Insurance. A summary of these executive hires follows here. Beazley, headquartered in London, appointed Stefan Wunderlich as head of...
Pairing Parametric and Standard Insurance Will Be More Common: ECU Students
May 19 2025 // Parametric insurance experts don’t see the coverage replacing traditional insurance. But how are the specialized products currently used—and how could their adoption expand in the future? Ten East Carolina students...
NormanMax Agrees to Purchase Parametric Flood Specialist MGA, FloodFlash
Feb 26 2025 // NormanMax Insurance Holdings, the Miami-based provider of parametric re/insurance solutions, has agreed to acquire FloodFlash, the parametric flood managing general agent, subject to regulatory...
Aon, Floodbase, Swiss Re Team on Parametric Storm Surge Solution for US Hurricane
Feb 5 2025 // Aon plc said it has launched a new parametric insurance solution designed to address and mitigate commercial losses from hurricane-related storm surge along the coast of the U.S. Developed with parametric flood insurance...
Descartes Launches Parametric Tornado Coverage for Solar Farms
Jan 23 2025 // Descartes Underwriting has announced the launch of a parametric insurance product to protect utility-scale solar farms against tornado damage. According to a press release, the coverage uses satellite data and analytics to...
Guy Carpenter to Research Parametric Solutions in California, Florida
Dec 12 2024 // Guy Carpenter said it is starting a research project to explore the use of parametric insurance solutions in California and Florida for wildfire and hurricane risks. The effort will focus on the use of a...
Markets/Coverages: Rokstone Launches Global Parametric Product
Nov 20 2024 // Rokstone, the London-based speciality re/insurance MGA that is part of the Aventum Group, has launched Rokstone Parametric in partnership with NormanMax Lloyd’s Syndicate 3939. With an initial US$10 million worldwide...
University of California Purchases Sensor-Triggered Earthquake Parametric Policy
Oct 2 2024 // What is being called the first sensor-triggered earthquake parametric insurance policy in the U.S. was purchased by The University of California. Liberty Mutual Reinsurance, part of Liberty Mutual Insurance Group, and...
Markets/Coverages: Liberty Mutual Re, Insurtech Sprout Offer Parametric Cover for Kenyan Coffee Farmers Facing Climate Risk
Aug 14 2024 // Liberty Mutual Reinsurance (LM Re), part of Liberty Mutual Insurance Group, has partnered with insurtech firm Sprout Inc. and the Kenyan insurer Britam to launch a parametric insurance product, which aims to protect Kenyan...
Parametric Insurance Helps Farmers and Others Hit Hard by Extreme Weather
Jul 15 2024 // Joemar Flores, a spindly 28-year-old, gestured across his family’s farmland, nestled between a steep hill and a river, and expressed gratitude for the rice paddies in the distance. They’re still there,...
Thanks to AI, Industry Could Soon See Big Rise in Parametric Insurance. Are Agents Ready?
Jul 1 2024 // Insurance agents must now embrace the use of artificial intelligence, but they won’t be replaced by it. And the use of parametric policies will soon increase sharply across property insurance lines because that...
Markets/Coverages: FloodFlash Offers Parametric Flood Product Across US
Jun 24 2024 // FloodFlash announced its expansion to cover all mainland US locations. The sensor-enabled parametric flood insurer provides flood coverage in excess of the National Flood Insurance Program (NFIP) where the private markets...
Thanks to AI, Industry Will Soon See Big Jump in Parametric Insurance, Consultant Says
Jun 18 2024 // Insurance agents must now embrace the use of artificial intelligence, but they won’t be replaced by it. And the use of parametric policies will soon increase sharply across property insurance lines because that...
NormanMax Launches 1st Nat Cat Parametric Lloyd’s Syndicate, Managed by Apollo
May 22 2024 // NormanMax Insurance Holdings, the Miami, Florida-based parametric re/insurance group, has launched Lloyd’s Syndicate 3939, in partnership with third-party managing agent Apollo. NormanMax Syndicate 3939 is the first...
Markets/Coverages: FloodFlash Launches New Parametric Auto Dealer Program
May 10 2024 // FloodFlash has added a dealer program in its efforts to support more U.S. businesses ahead of a hurricane season that is widely anticipated to be amongst the worst in recent memory. Stored on large, flat areas of often...
Markets/Coverages: Liberty Mutual Re, Safehub Offer Parametric Quake Re/Insurance
Apr 23 2024 // Liberty Mutual Reinsurance (LM Re), part of Liberty Mutual Insurance Group, has announced a partnership with Safehub, a technology provider in seismic sensor and risk management solutions to offer a market-first,...
