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: Severe Convective Storms Generate More Than $50B in Insured Losses for Third Consecutive Year

Posted: Apr 12, 2026

FOR IMMEDIATE RELEASE [email protected] MALVERN, Pa., April 14, 2026 – The Insurance Information Insti...

Read Article

Triple-I: Colorado State’s 2026 Atlantic Hurricane Forecast Calls for ‘Somewhat Below Average’ Season

Posted: Apr 08, 2026

FOR IMMEDIATE RELEASE [email protected] MALVERN, Pa., April 9, 2025 – A somewhat below average hurrica...

Read Article

Triple-I Launches Legal System Abuse Awareness Campaigns in Oklahoma and Wisconsin

Posted: Apr 05, 2026

For Immediate Release Contact: [email protected] MALVERN, Pa., April 7, 2026 – The Insurance Informati...

Read Article