Representative transactions
A blend of liquid industry loss warranty risk and bespoke parametric, structured alongside rated reinsurance markets.
US Wind ILW
Industry loss warranty
- PCS industry loss index trigger
- Binary or layered payout
- Short tail, transparent, liquid risk class
Terrorism ILW
Binary ILW structure
- Industry loss across named territories
- Low frequency, high severity
- Strong diversification versus nat cat
European Nat Cat ILW
Multi peril ILW
- Diversified European geography
- Structured attachment points
- Reduces US concentration
Corporate parametric
Parametric contract
- Physical parameter trigger
- No claims adjustment, data driven
- Higher margin, low catastrophe correlation
Parametric cover is easiest to understand through examples. The scenarios here show how a trigger, a payout and independent data come together to protect a real exposure, from a solar farm facing a hail season to a lender carrying correlated drought risk across its book. Because every structure is bespoke, these examples are illustrative rather than actual client cases, and any figures are indicative only. What they demonstrate is the shape of the solution: how the event is measured, how the payout is set, and how quickly funds arrive when the trigger is met.
Read them alongside the cover they draw on. To see how parametric works for a particular industry, explore our sector pages for agriculture, energy, hospitality and supply chain, among others. To see it by event, start with our catastrophe and weather solution lines, or a specific peril such as earthquake, flood or drought. Each page sets out the trigger, the data and the way basis risk is managed.
If you would like to understand the mechanics before the examples, our guides explain how parametric insurance works and how parametric claims are paid in plain language. And if one of these scenarios resembles a risk you carry, talk to us: we will design and back test a structure around your own exposure, so you can see how it would have performed before you commit.