Parametrix places $35m cloud outage cat bond for Hannover Re
Reinsurance News - Apr 08, 2026
Parametrix, a provider of cloud monitoring, modelling and insurance services, has placed its third and largest cloud outage catastrophe bond, Cumulus Re III, attracting a greater number of investors than its predecessors and providing sponsor Hannover Re with $35 million of retrocessional protection...
Recommended Articles
Posted: Apr 08, 2026
Global reinsurer Swiss Re has announced the appointment of Suzanne Revell as Head of Marine & En...
Posted: Apr 08, 2026
The Baldwin Group, an insurance distribution firm, has launched Azimuth Re, Ltd., a new member-owned...
Posted: Apr 08, 2026
Fuse, an AI-powered commercial insurance intelligence platform, has launched its Contractors and Con...