QUOTE AND NEWS
Insurance Journal  Jul 26  Comment 
Assured Risk Cover, a provider of parametric hurricane insurance, launched a commercial insurance policy for small businesses in Florida under the StormPeace name. The policy contains all the features of the StormPeace residential policy, plus...
Insurance Journal  Jan 9  Comment 
Parametric insurance can play a significant role in closing the insurance protection gap – a problem that plagues economies in both the developing and developed world, according to a report published by Clyde & Co. The protection gap is the …
Insurance Journal  Nov 22  Comment 
Catastrophic losses this year due to extreme weather events have led to a growing interest in parametric insurance in the U.S., according to industry experts. Parametric coverage is also gaining traction as hazard modeling continues to improve,...
TechCrunch  Oct 16  Comment 
 If you’re in the business of opening locked doors for business or pleasure, it just got a little easier. Using a parametric file for SCAD, you can easily recreate a Kwikset key with a few keystrokes. Kwikset is particularly vulnerable because...
Insurance Journal  Sep 13  Comment 
Cayman Islands-based CCRIF (formerly the Caribbean Catastrophe Risk Insurance Facility) will make payments totaling US$29.6 million to six Caribbean nations recovering from Hurricane Irma. CCRIF’s parametric tropical cyclone insurance policies...
Insurance Journal  Aug 14  Comment 
Financial markets are showing some signs of volatility these days after exceptionally low indicators since the start of the 2017. The Chicago Board Options Exchange Volatility Index, or VIX, is at its highest level this year. The VVIX Index, which...
Insurance Journal  Jul 22  Comment 
A California broker is promising to bring a “first-of-its-kind financial resource” that pays homeowners after an earthquake for a low monthly premium whether there’s damage to the home or not. A Berkeley, Calif.-based firm called Jumpstart...
Insurance Journal  Jul 7  Comment 
Swiss Re has partnered with Ping An Property & Casualty Insurance Co. of China Ltd. to launch China’s first mobile-enabled typhoon property parametric insurance solution. This solution is designed to provide an affordable, easy-to-use insurance...





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Superbly illuminating data here, thakns!

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