Secure Emergency Funding After a Disaster with Parametric Insurance

The economic impact of a natural disaster often goes far beyond property loss and business interruption. Struggling communities and companies require a fast source of emergency funding for many urgent needs, some of which may not be covered by traditional insurance policies.

Across Asia Pacific, in 2024 only five percent of economic losses from natural disasters were insured, making it the largest protection gap globally.[1] This underscores why organisations in the region must reassess their risk management frameworks to ensure they have the most robust resilience strategies in place for catastrophic events.

Parametric insurance, with its flexibility and speed of payment, provides an increasingly viable alternative for public entities and businesses, allowing them to prioritise recovery and secure urgent funding after a disaster.

In our latest article we explore how parametric insurance can be a key component of a comprehensive and multi-faceted risk management strategy.

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[1] Aon, 2025 Climate and Catastrophe Insights report