Trusted by cedants across the Global South
Parametric Climate Cover
Providing objective, high-speed risk transfer for climate-vulnerable nations and industries through data-driven triggers.
- +10%
- Global Parametric Market CAGR
- 40+
- Target Emerging Markets
- High-Res
- Grid Data for Basis Risk Mitigation
- <15 Days
- Average Payout Velocity Post-Trigger
Our Approach
A better way to manage underwriting volatility
For primary insurers, traditional indemnity-based climate cover is often slow to settle and administratively heavy. We provide parametric capacity that triggers payouts based on objective weather data — such as wind speed, rainfall, or temperature — allowing for immediate liquidity to support disaster recovery without the need for traditional loss adjustment.
- 01
Weather Index Solutions
- We offer capacity for drought and excess rainfall covers, specifically designed for sovereign schemes and agricultural cooperatives where rapid cash flow is critical for survival.
- 02
Tropical Cyclone & Windstorm
- Our treaties utilize satellite-measured wind speeds and pressure readings to trigger payouts for coastal infrastructure, tourism, and energy assets.
- 03
Heat Stress & Yield Resilience
- As global temperatures rise, we provide innovative covers for "Heat Stress" that protect labor productivity and temperature-sensitive livestock and crop yields across the Global South.
Always in the Loop
Intelligence that keeps cedants ahead.
Our partners receive continuous analytical support — turning raw risk data into precise underwriting decisions.
Clustering Analysis for Accurate Pricing
- We provide advanced climatological clustering reports. By grouping historical weather patterns with high-resolution geographic grids, we enable our cedants to set "Strike Levels" and "Exit Points" with extreme technical precision.
Real-Time Index Monitoring
- Our partners receive access to live dashboard feeds monitoring their active triggers. We provide continuous RST-based updates on rainfall or wind progression, allowing cedants to anticipate payouts before the event even concludes.
FAQs
Frequently asked questions
- How does Treaty Reinsurance improve capital efficiency?
- By providing a clear, pre-defined payout structure based on objective data, parametric treaties reduce the uncertainty of "long-tail" claims, allowing primary insurers to optimize their solvency capital and offer lower-cost covers.
- What is the typical duration of a treaty arrangement?
- Most parametric treaties are structured for a specific "Season" (e.g., Monsoon or Cyclone season) or on an annual basis to align with recurring climatic cycles.
- How are claims handled within this Line of Business?
- There is no traditional loss adjustment. As a reinsurer, we trigger the payout as soon as the independent data provider (e.g., NASA, ECMWF, or National Met Departments) confirms the index has reached the pre-agreed threshold.
- Do you offer tailored wording for specific regulatory zones?
- Yes. We specialize in drafting wording that distinguishes parametric "derivatives" from traditional insurance contracts to ensure compliance with local regulatory frameworks in diverse Global South jurisdictions.
- How do you support cedants with technical data?
- We provide regular RST based inputs and detailed clustering analysis for accurate pricing, ensuring the "Basis Risk" (the gap between the payout and actual loss) is minimized for the end-user.
- Can you assist with the selection of "Data Oracles"?
- Absolutely. We provide the technical framework to select the most reliable and independent third-party data sources, ensuring the integrity of the trigger is beyond dispute for both the cedant and the reinsurer.
- How is accumulation risk managed during multi-country events?
- We use global atmospheric models to monitor correlation risk. This allows us to advise cedants on geographic diversification, ensuring that a single large-scale weather system (like El Niño) does not over-expose the entire portfolio.
- What is the role of the reinsurer in product design?
- We act as a technical laboratory for our cedants — helping them structure the "Payout Curve" to ensure it matches the actual economic loss profile of their specific territory.