London-based Howden acquires Latin America's microinsurer MiCRO, focusing on parametric insurance for underserved populations against natural disasters.

London-based insurance intermediary Howden acquires Latin America's microinsurance specialist MiCRO, focusing on parametric insurance for underserved populations against natural disasters. The deal aims to expand Howden's parametric insurance capabilities, meet growing demand for climate de-risking solutions, and align with their strategy to invest in innovative insurance solutions in emerging markets.