Daily Market Updates: LM Re to tackle missing data in parametric cover with Celest.Science collaboration

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LM Re to tackle missing data in parametric cover with Celest.Science collaboration

Reported · Written up by our desk · Health Insurance

Liberty Mutual Reinsurance (LM Re), the sole treaty reinsurance business of the Liberty Mutual Insurance Group, has partnered with Celest.Science, a French climate-tech startup, to develop a robust fallback methodology for parametric tropical cyclone risk transfer, addressing data outages and reporting delays during extreme weather events. Parametric insurance provides payment based on pre-agreed event, such […] The post LM Re to tackle missing data in parametric cover with Celest.Science collaboration appeared first on ReinsuranceNe.ws .

← Newer storyWelcome to Data Centerville, U.S.A.: How One Asset Class Changed Loud…Older story →Liberty Mutual Re and Celest.Science explore parametric trigger data…

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Reinsurance NewsLM Re to tackle missing data in parametric cover with Celest.Science collaboration

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LM Re to tackle missing data in parametric cover with Celest.Science collaboration

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