Parametric not ‘magic’ but a ‘powerful’ tool, says XS Global’s Stéphane Godier

Rising climate awareness and a shift in how risks are understood are making Latin America an increasingly important market for parametric insurance, according to Stéphane Godier, senior originator for Latin America at Miami-based managing general underwriting (MGU) platform XS Global, and the former regional head of the Americas for Axa Climate.