IDF designs parametric flood insurance product for Lagos State Government
This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. The Insurance Development Forum (IDF) has completed the design of a parametric flood insurance solution for the Lagos State Government in Nigeria as…
Gallagher Re structures and places innovative multi-peril parametric policy for SEADRIF and Lao PDR
This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. Gallagher Re, the global reinsurance broker, on behalf of the Southeast Asia Disaster Risk Insurance Facility (SEADRIF Insurance Company), has structured and placed…
HDI Global SE & Descartes receive approval to provide parametric earthquake insurance in Japan
This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. The Japan branch of HDI Global SE, part of Germany-based insurer Talanx AG, in collaboration with Descartes Underwriting, the parametric risk transfer specialist,…
CCRIF partners with CelsiusPro and Global Parametrics to launch microinsurance initiative
This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. The CCRIF SPC (formerly the Caribbean Catastrophe Risk Insurance Facility), in collaboration with CelsiusPro and its subsidiary Global Parametrics, has launched the CCRIF…
Hurricane Erick insured losses expected to fall ‘well below’ Otis: AM Best
This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. Estimated insured losses from Hurricane Erick, which struck Mexico’s Pacific coast last week, are expected to fall well bellow the US$1.97 billion insured…
Grenada renews parametric insurance coverage with CCRIF for 2025/26
This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. The Government of Grenada has renewed its annual parametric insurance coverage with the Caribbean Catastrophe Risk Insurance Facility Segregated Portfolio Company (CCRIF SPC)…
Hurricane Erick: No cat bond or private ILS impact expected by Twelve Securis
This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. Twelve Securis, the specialist insurance-linked securities investment manager, is not anticipating any impact to the World Bank catastrophe bond or any of the…
Hurricane Erick makes landfall in Mexico at 950mb, reducing risk to World Bank cat bond
This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. Major hurricane Erick has made landfall on the coast of Mexico with 125 mph sustained winds in the state of Oaxaca and the…