MANILA, Philippines – The Bangko Sentral ng Pilipinas (BSP) and the Insurance Commission (IC) are pushing parametric ...

Austin, July 11, 2025 (GLOBE NEWSWIRE) -- Parametric Insurance Market Size & Growth Insights: According to the SNS Insider Report, “The Parametric Insurance Market was valued at USD 15.99 billion in ...

The Global Parametric Insurance Market was valued at USD 19.4 billion in 2025 and is estimated to grow at a CAGR of 12.2% to ...

MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) and the Insurance Commission (IC) are pushing for wider use of parametric insurance bundled with loans to help banks continue lending to ...

Parametric insurance products can help to address the increasing protection gap arising in respect of climate-related physical risk. As AI and data-collecting technology develops, more business areas ...

Regulators in the Philippines suggest bundling parametric insurance with credit to boost climate-resilience financing for ...

Parametric insurance pays out based on whether or not an event, such as a natural disaster, happens within the parameters of your policy. If you are a homeowner, parametric insurance can be a good ...

MINDANAO, Philippines — Joemar Flores, a spindly 28-year-old, gestured across his family’s farmland, nestled between a steep hill and a river, and expressed gratitude for the rice paddies in the ...

The frequency and severity of weather catastrophes are on the rise. From devastating hurricanes to prolonged droughts, I see these events exposing a glaring global coverage gap in insurance. Aon ...

Accessing parametric insurance policies is crucial to cover the insurance gap for a myriad of events that include man-made or natural catastrophes. Parametric insurance is an innovative alternative, ...