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Date: Nov. 6, 2020, 11:51 a.m.

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Date: 2020-11-06 12:10:59.000000

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Date: 2020-11-23 17:24:08.000000

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Parametric Insurance

Published by Bureau of Treasury(BTr) on Nov. 6, 2020.
Requested from BTr by D. Domantay at 11:51 AM on Nov. 6, 2020.
Purpose: Research
Date of Coverage: 01/01/2019 - 11/06/2020
Tracking no: #BTr-126010899810

D.DOMANTAY Nov. 6, 2020, 11:51 a.m.

Hi! I would like to request information regarding Parametric Insurance Policy of the Philippines, particularly: 1. Payment of Premiums a. Who are the reinsurers? b. How much are we covered from each of the reinsurers? c. How much premium was paid to each of them? d. Commissions. i. Was there any broker involved? ii. How much commission was given to the broker, if any? 2. Insurance Payout a. How is the claims process? b. 2019 and 2020 typhoons i. How much was given to each province? ii. How much premium was paid to be reinstated? iii. Where does the payment came from?

M.SAMSON Nov. 6, 2020, 12:10 p.m.

November 6, 2020 Dear DON CARLO, Thank you for your request dated Nov 06, 2020 under Executive Order No. 2 (s. 2016) on Freedom of Information in the Executive Branch, for Parametric Insurance. We received your request on Nov 06, 2020 and will respond on or before Nov 27, 2020 11:51:16 AM, in accordance with the Executive Order's implementing rules and regulations. Should you have any questions regarding your request, kindly contact me using the reply function on the eFOI portal at https://newfoimanual20180906-dot-efoi-ph.appspot.com/requests/aglzfmVmb2ktcGhyHQsSB0NvbnRlbnQiEEJUci0xMjYwMTA4OTk4MTAM, for request with ticket number #BTr-126010899810. Thank you. Respectfully, Ms. Joan Samson FOI Officer

R.MARIANO Nov. 23, 2020, 5:24 p.m.

November 23, 2020 Dear DON CARLO DOMANTAY, Greetings! Thank you for your request dated Nov 06, 2020 11:51:16 AM under Executive Order No. 2 (s. 2016) on Freedom of Information in the Executive Branch. Your Request You asked for information on Parametric Insurance. Response to Request Your FOI request is approved. I enclose a copy of the information you requested. Your right to request a review If you are unhappy with this response to your FOI request, you may ask us to carry out an internal review of the response by writing to Deputy Treasurer Sharon P. Almanza ([email protected]). Your review request should explain why you are dissatisfied with this response, and should be made within 15 calendar days from the date when you received this letter. We will complete the review and tell you the result within 30 calendar days from the date when we receive your review request. If you are not satisfied with the result of the review, you then have the right to appeal to the Office of the President under Administrative Order No. 22 (s. 2011). Thank you. Respectfully, Robert Dominick Mariano FOI Receiving Officer

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