Senegal’s second-largest city secures parametric contract structured by AXA Climate

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Reinsurance News - Jan 29, 2026

Pikine, Senegal’s second-largest city with more than 750,000 inhabitants, has signed a parametric insurance contract against excessive rainfall, structured by AXA Climate, and insured by a consortium of Senegalese insurers, AXA Sénégal, ASKIA Assurances, and SUNU Assurances, reinsured by African Ris...

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