Aura Underwriting, a subsidiary of U.K.-based specialty managing general agency Rokstone Group Ltd., has launched a pan-Caribbean parametric product which offers reinsurance protection against damage from hurricanes in the region, Artemis reported. Aura Parametric offers up to $5 million protection against hurricanes that intersect a pre-defined radius of an insured’s location.
Texas Blues faces $900 million hospital demand in contract dispute
