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As reported by Bloomberg, Floodbase has been awarded a grant through the U.S. Agency for International Development (USAID) as part of the President's Emergency Plan for Adaptation and Resilience (PREPARE) to launch parametric flood insurance programs in Mozambique and Malawi, with support from African Risk Capacity Limited (ARC Ltd.) and Global Parametrics.
Climate change is particularly perilous for small farmers. Warmer conditions are resulting in more damaging bouts of rain and drought, but traditional
AXA Climate, the parametric specialist risk transfer managing general agent (MGA) unit of global insurance and reinsurance company AXA, has hired former
CelsiusPro AG, the Zurich-based parametric insurance managing general agent, announced the acquisition of Global Parametrics Holding Co. Ltd. CelsiusPro
CelsiusPro AG, the Swiss headquartered weather index insurance and parametric risk transfer specialist, has announced a significant acquisition as the