Explore Munich Re Group

Get to know our Group companies, branches and subsidiaries worldwide.

Client Seminars
© John Lund / Getty Images

Parametric Insurance

Capital Solutions / Online seminar

    alt txt

    properties.trackTitle

    properties.trackSubtitle

    April 2 - April 2 2025
    Online seminar, 09.00 a.m. - 10.30 a.m. (CEST)

    Save the Date

    Duration: 90 minutes

    General description

    Natural catastrophes such as hurricanes or earthquakes can cause losses to property that are in some cases not or only partially covered by traditional property insurance policies. At the same time, in our increasingly digitalised world, more digital information, including that from new sensor technologies, is becoming available with regard to geo hazards. As a result, Parametric Insurance is increasingly being used to protect against risks otherwise considered to be uninsurable.

    The fact that independent third parties provide data for Parametric Insurance offers the parties involved good transparency and serves to offset potential conflicts of interest. Additionally, Parametric Insurance supports fast and lean claims processes, which makes the concept attractive for insureds and insurers alike.

    Contents

    • Introduction / Overview 
    • Parametric Insurance in comparison to Traditional Insurance and ILS / ART
    • Motivation for parametric covers
    • Trigger Types and associated characteristics including Basis Risk
    • Product types and industry examples
    • Regulatory and Accounting aspects (Quality Assurance)
    • Munich Re’s parametric solutions and products  

    Level

    Target group

    All insurers interested in learning about the Parametric Insurance concept.

    Language

    English – professional business English skills required

    Registration process

    Our seminars are provided to our most valued clients only. If you are interested in participating, please get in touch with your client manager or responsible underwriter at Munich Re.

    Date

    2 April 2025, 09.00 a.m. (CEST)

    Deadline for registration

    1 April 2025