Published: Fri 15 Sep 2023

Honduras takes out excess rainfall policy to become latest CCRIF member

Honduras has become the fourth Central American government to join the CCRIF risk-pooling initiative, having purchased parametric insurance cover for excess rainfall with effect from 1 June.

Insurance

Parametric

Latin America

Published: Fri 15 Sep 2023

USDA makes $143mn in parametric payouts for Hurricane Milton

Klemm and Tuinenburg join Tokio Marine HCC’s parametric weather reinsurance unit

Blink Parametric travel disruption solutions integrated into Protect Group’s ancillary travel offering

Honduras takes out excess rainfall policy to become latest CCRIF member

Want to read this article?

For details on how to subscribe or for all commercial opportunities, including advertising, please contact:

Andy Stone

Sales manager

Ricky Lamey

Business development executive

Related articles:

USDA makes $143mn in parametric payouts for Hurricane Milton

Klemm and Tuinenburg join Tokio Marine HCC’s parametric weather reinsurance unit

Blink Parametric travel disruption solutions integrated into Protect Group’s ancillary travel offering

Virginia state funding supports community-based parametric flood insurance pilots

Zywave panel: Vendor mapping systems and parametric approach remain key to tackling supply-chain events

Parametrix launches Lloyd’s-backed digital interruption cyber product

Read more:

New Mountain Fire moratorium protects 200K policyholders as Aon predicts “notable” losses from blaze

Marsh McLennan’s $7.75bn acquisition of McGriff completes

TheGuarantors adds Hudson and Trisura to capacity panel

Sompo’s Brand: No significant cyber rate rises in Europe despite growing demand

Trump tariffs could knock 5% off global trade growth: Allianz Trade

COP29: A round-up of the first week's discussions