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Swiss Re Corporate Solutions Ltd. has collaborated with Aon PLC and the International Finance Corp. to develop a parametric earthquake coverage for the Upper Trishuli-1 Hydropower Project in Nepal, Artemis reported. The coverage allows the flexibility of adjusting the insured values year-on-year to reflect any delays of changes in the construction process. The 2015 earthquake hindered the 216 megawatts greenfield run-of-river hydropower project's progress and made traditional insurers reluctant to provide cover in the location of the dam.