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.

Category:
Parametric Insurance
February 9, 2021