Shutterstock.com_1280251807/Dudarev Mikhail

13 August 2026Insurance

LM Re makes first earthquake parametric payment triggered by Safehub network

Liberty Mutual Reinsurance (LM Re) has made what it describes as the world’s first earthquake parametric payment triggered by Safehub’s Shake Network, following a magnitude 5.8 earthquake in Ica, Peru, on May 19.

Already registered?

Login to your account

For multi-user price options, or to check if your company has an existing subscription that we can add you to for FREE, please email Adrian Tapping at atapping@newtonmedia.co.uk

More on this story

Marine insurers cancel war risk cover for Red Sea and Indian Ocean

13 August 2026 Cancellation wave leaves shipowners and operators scrambling for repriced cover ahead of midnight Saturday deadline.

Perils lowers windstorm Nils six-month insured loss estimate

13 August 2026 Third estimate puts insured losses below the previous three-month figure.

Casualty market softens in Q2, but US liability bucks the trend: Aon

13 August 2026 US workers’ comp rates hold or ease, with strong risks faring best.

More articles

Reinsurers beat cost of capital for third straight year: AM Best

Pelagos grows 6.4% on shifting book and hints of sourcing shift

Marine insurers cancel war risk cover for Red Sea and Indian Ocean

Reinsurers prioritise returns over growth as property-cat pricing softens: Morningstar

Bermuda pushes asset liability management beyond cash-flow matching

Perils lowers windstorm Nils six-month insured loss estimate

Casualty market softens in Q2, but US liability bucks the trend: Aon

Markel partners with AI data platform for delegated authority

Copyright © intelligentinsurer.com 2024 | Headless Content Management with Blaze