Help

BI’s Article search uses Boolean search capabilities. If you are not familiar with these principles, here are some quick tips.

To search specifically for more than one word, put the search term in quotation marks. For example, “workers compensation”. This will limit your search to that combination of words.

To search for a combination of terms, use quotations and the & symbol. For example, “hurricane” & “loss”.

Login Register Subscribe

Lloyd's risk facility launches parametric cyclone insurance in Australia

Reprints
Parametric

The Lloyd's Disaster Risk Facility has launched parametric insurance for retail customers in Northern Australia to ensure quicker payouts to cover damages from a severe tropical cyclone, Asia Insurance Review reported. The Redicova cyclone parametric insurance will support small and medium businesses, agricultural enterprises and individuals in the region. It is led by Beazley PLC, with initial reinsurance support from DRF’s members Axa XL, Hiscox Ltd. and RenaissanceRe Holdings Ltd.

 

Read more