News

BMZ has committed 25m to a new capital pool that builds on a model already established by the UK. Beginning at the start of the year, that money can be used to underwrite risk-transfer instruments that speed up recovery payouts when disasters strike or that offer a financial safeguard to agencies looking to increase their programs across the developing world.

Global Parametrics aim to improve access to cover by means of parametric products in emerging markets. These constitute a type of insurance that covers the probability of a predefined event happening, rather than indemnifying actual loss incurred.

Global law firm Norton Rose Fulbright has advised Global Parametrics in relation to its arrangements with global reinsurance firm Hannover Re and the German Government in relation to a new natural catastrophe focused investment fund, NDF Deutschland.

Global Parametrics, the parametric and index-based disaster risk transfer company, has launched a new natural catastrophe focused investment fund that has received backing from global reinsurance firm Hannover Re and the German government.

Global Parametrics have partnered with Oxfam Philippines and Plan International to launch the B-Ready Project, which aims to promote disaster resilience for the most vulnerable, the elderly, women and children living in low-resource communities in the Philippines.

Global Parametrics (GP) is a global expert in natural disaster risk mitigation and financial resilience in emerging economies. BlueOrchard interviews Hector Ibarra, CEO of Global Parametrics.

Global Parametrics, a for-profit risk manager funded by UK-based and German development institutions, and the UK-based NGO VisionFund International recently established the African and Asian Resilience in Disaster Insurance Scheme (ARDIS), to protect six VisionFund microfinance institutions (MFIs).