Axa adds parametric product

Axa has launched Axa Global Parametrics to widen its parametric
insurance solutions, the company announced today.
Axa has been working on parametric offerings since 2014, notably
in the area of climate risk.
Working as part of Axa Corporate Solutions, the parametric team
has provided products for weather-sensitive corporates in
agriculture, renewable energy, construction, transportation,
leisure and textiles, as well as for international institutions and
governments.
About 40 percent of these se