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

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

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