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    Date: 2020-11-06 11:51:16.503927

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    Date: 2020-11-06 12:10:59.271730

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    Date: 2020-11-23 17:24:08.272318

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Parametric Insurance

Requested from BTr by D. DOMANTAY at 11:51 AM on Nov 06, 2020.
Purpose: Research
Date of Coverage: 01/01/2019 - 11/06/2020
Tracking no: #BTr-126010899810

DOMANTAY 11:51 AM, Nov 06, 2020 

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?

Samson 12:10 PM, Nov 06, 2020 

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

Mariano 05:24 PM, Nov 23, 2020 

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 (SPAlmanza@treasury.gov.ph). 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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