Parametric regional risk pools get Global Shield support to deepen collaboration

<?xml version="1.0" encoding="UTF-8"?><modsCollection xmlns="http://www.loc.gov/mods/v3" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:schemaLocation="http://www.loc.gov/mods/v3 http://www.loc.gov/standards/mods/v3/mods-3-8.xsd">
<mods version="3.8">
<titleInfo>
<title>Parametric regional risk pools get Global Shield support to deepen collaboration</title>
</titleInfo>
<name type="personal" usage="primary" xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20210000577">
<namePart>Evans, Steve </namePart>
<nameIdentifier>MAPA20210000577</nameIdentifier>
</name>
<name type="corporate" xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20210000584">
<namePart>Artemis</namePart>
<nameIdentifier>MAPA20210000584</nameIdentifier>
</name>
<typeOfResource>text</typeOfResource>
<originInfo>
<place>
<placeTerm type="code" authority="marccountry">gbr</placeTerm>
</place>
<dateIssued encoding="marc">2025</dateIssued>
<issuance>monographic</issuance>
</originInfo>
<language>
<languageTerm type="code" authority="iso639-2b">eng</languageTerm>
</language>
<physicalDescription>
<form authority="marcform">print</form>
<extent>3 p.</extent>
</physicalDescription>
<abstract displayLabel="Summary">The main four parametric disaster insurance risk pools have signed a grant agreement with the Global Shield Solutions Platform (GSSP) to help them accelerate and deepen their collaboration, something which could have implications for how they transfer risk to reinsurance and potentially capital markets. Back in 2023, the African Risk Capacity Limited (ARC), Caribbean Catastrophe Risk Insurance Facility (CCRIF SPC), the Pacific Catastrophe Risk Insurance Company (PCRIC), and the Southeast Asia Disaster Risk Insurance Facility (SEADRIF), signed an MOU that called for them to explore a joint reinsurance facility, to enable more efficient risk transfer and access to the capital markets.  The four organisations form the Sovereign Risk Pools, regional parametric insurance facilities which were set up to serve the sovereign climate and disaster risk insurance objectives of nearly 100 nations globally</abstract>
<note type="statement of responsibility">Steve Evans</note>
<subject xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20170006718">
<topic>Seguros paramétricos</topic>
</subject>
<subject xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20080602994">
<topic>Pools de aseguradores</topic>
</subject>
<subject xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20080615673">
<topic>Transferencia de riesgos</topic>
</subject>
<subject xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20080552367">
<topic>Reaseguro</topic>
</subject>
<subject xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20080600204">
<topic>Catástrofes naturales</topic>
</subject>
<subject xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20080615284">
<topic>Riesgos medioambientales</topic>
</subject>
<classification authority="">7</classification>
<location>
<url displayLabel="electronic resource" usage="primary display">https://www.artemis.bm/news/parametric-regional-risk-pools-get-global-shield-support-to-deepen-collaboration/</url>
</location>
<relatedItem type="host">
<titleInfo>
<title>Artemis.bm.- Brighton : Artemis, 2025</title>
</titleInfo>
<part>
<text>17th April 2025 ; 3 p..</text>
</part>
</relatedItem>
<recordInfo>
<recordContentSource authority="marcorg">MAP</recordContentSource>
<recordCreationDate encoding="marc">220121</recordCreationDate>
<recordChangeDate encoding="iso8601">20250421121134.0</recordChangeDate>
<recordIdentifier source="MAP">MAP20250006294</recordIdentifier>
<languageOfCataloging>
<languageTerm type="code" authority="iso639-2b">eng</languageTerm>
</languageOfCataloging>
</recordInfo>
</mods>
</modsCollection>