Parametric insurance for the tropical cyclone risk

16 February 2021

Written by: Ana Pachon, , ana.pachon@axaclimate.com

Parametric insurance for the tropical cyclone risk

Parametric insurance for the tropical cyclone risk



Cyclone are highly severe events which generates an average cost of almost $19.2 billion per event. Recovery efforts following those events are also often restricted by financial constraints given the high investment needed and related business interruption costs. 

If a cyclone event occurs, AXA Climate helps you recover fast through fast automatic payouts if the area of your site is impacted independently from any of your property damages.

For more information, contact Ana Pachon, , ana.pachon@axaclimate.com

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