Neova's Çelen: Flexibility a key advantage of parametric reinsurance

By Jemima Denham

Published: Wed 5 Nov 2025

Parametric earthquake coverage complements Turkish insurer Neova Sigorta's traditional reinsurance program, EVP Cem Salih Çelen told Parametric Insurer, adding that the company could use payouts to fund reinstatement premiums following a catastrophic quake.