Parametric reinsurance gains momentum as Jamaica sees rapid hurricane payouts
Reinsurance News - Nov 11, 2025
Willis Re, a specialised reinsurance broker, reports that two parametric risk transfer deals have recently drawn attention after confirming swift payouts to Jamaica. Hurricane Melissa activated the country’s $150 million World Bank sovereign bond, which had notably defaulted after Hurricane Beryl th...
Recommended Articles
Posted: Mar 12, 2026
Fidelis Insurance Group, a global insurance and reinsurance company headquartered in Bermuda, has an...
Posted: Mar 12, 2026
Marsh Risk, part of global insurance broker and risk adviser Marsh, and Apollo, a specialty insurer...
Posted: Mar 12, 2026
MSIG Asia, a general insurer operating across Southeast Asia and part of MS&AD Insurance Group H...