Parametric

HazeShield covers businesses in Singapore from loss of income and reduced trade caused by haze events.

Vision Fund International has launched a climate insurance programme that it says will be the largest such scheme covering non-governmental organisations.

The Moroccan government is seeking to set up a parametric insurance scheme to cover the country against drought risk, according to Asia Insurance Review.

New Paradigm Underwriters will offer up to $100mn of parametric insurance limit on Xchanging's electronic trading platform X-gRm.

Swiss Re has partnered with Ping An Property & Casualty Insurance Company of China to provide the country's first parametric typhoon insurance product accessed via mobile phones.

Axa's parametric solutions company Axa Global Parametrics has agreed to offer weather insurance coverage via the trading platform WeatherXchange, the companies announced.

Axa is expanding its parametric insurance offerings with the launch of Axa Global Parametrics, the company announced today

Swiss Re Corporate Solutions said it had become the first insurer in Brazil to write a weather-indexed parametric policy in Brazil.

Mitsui Sumitomo Insurance has partnered with Nasa to use data from the space agency's satellites to design a parametric weather product, according to media reports

The Pacific Alliance of Chile, Colombia, Mexico and Peru is considering collaborating on the issuance of a catastrophe bond, according to reports.

Swiss Re-backed Microinsurance Catastrophe Risk Organization (Micro) has launched a parametric catastrophe insurance policy in Guatemala designed for small businesses and farmers.

Universal Insurance Holdings (UIH) has entered into a risk-linked transaction that provides the Florida primary insurer with $10mn of cover, according to a US SEC filing