Reinsurance News
CelsiusPro
CelsiusPro and Tower partner to improve parametric cover in the Pacific
22nd November 2023
Parametric insurtech CelsiusPro Group has partnered with Tower to upgrade the New Zealand-based insurer’s IT platform for its Cyclone Response Cover, a parametric insurance product designed to provide cover in the Pacific CelsiusPro’s award-winning White Label Platform (WLP) solution will be used to develop a bespoke distribution platform for Cyclone Response ... Read the full article
CelsiusPro acquires Global Parametrics
6th September 2023
CelsiusPro AG has acquired Global Parametrics Holding Company Limited in a transaction that "significantly strengthens its global capabilities to offer parametric risk transfer solutions to both private and public sector clients in developed and developing economies." According to CelsiusPro, the acquisition creates an even stronger offering along the value chain of ... Read the full article
CelsiusPro partners with Global Earthquake Model Foundation
28th November 2022
Swiss InsurTech CelsiusPro has announced it has partnered with Global Earthquake Model (GEM) Foundation to enhance earthquake modelling capabilities and products. Based on GEM models, CelsiusPro will generate stochastic long-term earthquake catalogues and corresponding shake maps for different ground motion parameters. Dr Alireza Khodaverdian, Earthquake Risk Specialist at CelsiusPro, explained that the ... Read the full article
CelsiusPro tenders technical assistance for Armenian agricultural scheme
15th May 2018
Swiss InsurTech firm CelsiusPro has completed a multi stakeholder international tender on behalf of the German development bank KfW and the Central Bank of Armenia for the technical assistance to establish a nation-wide agricultural re/insurance scheme in Armenia. CelsiusPro defined the terms of reference (ToR), organised the international tender for multiple ... Read the full article
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