Hurricane Delta Triggered Coral Reef Parametric Insurance

Share!

Insurance Information Institute - Nov 02, 2020

Hurricane Delta last month triggered a 17 million peso (US $800,000) insurance payout to the Trust for the Integrated Management of the Coastal Zone, Social Development, and Security for the State of Quintana Roo, Mexico. The parametric policy, deployed last year, cost the trust nearly 5 millio...

Read Full Article

Recommended Articles

Triple-I/Milliman: P/C Insurance Industry Poised for Growth and Underwriting Profitability in 2025 Despite Geopolitical and Natural Catastrophe Uncertainties

Posted: Oct 08, 2025

For Immediate Release Triple-I: Loretta Worters, [email protected] Milliman: Jeremy Engdahl-Johnson, ...

Read Article

Capping Insurance Rates Could Reduce Coverage Options and Viable Insurers in Illinois: Triple-I

Posted: Sep 09, 2025

For Immediate Release Midwest Press Office, Scott Holeman, 785-760-3777, [email protected] MALVERN, P...

Read Article

Behind the Wheel of Legal Inflation: More Than $42.8B in Excess Auto Tort Cases Uncovered, New Triple-I Analysis Finds

Posted: Sep 03, 2025

FOR IMMEDIATE RELEASE: New York Press Office: (212) 346-5500; [email protected] MALVERN, Pa., Sept. 4, 2...

Read Article