Arbol parametric insurance pays out $20m in under 30 days after Milton’s landfall

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Reinsurance News - Dec 05, 2024

Arbol, a global climate risk solutions platform, has delivered $20 million payouts for parametric reinsurance programs triggered by Hurricane Milton in Florida within a month after landfall. The parametric reinsurance programs, designed to protect insurers against named storm risks in Florida, were...

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