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The decommissioning of NOAA’s billion-dollar weather disaster database could force a rethink of parametric triggers used in ...
Here's an intriguing use-case for parametric triggers within insurance for a personal lines protection policy that even a ...
When evaluating risk exposure, many organizations have adopted the value at risk, or VaR, metric, which is a statistical risk management technique measuring the maximum loss that an investment ...
While advanced data analytics and AI make traditional insurance more affordable and customer friendly, they may also pave the ...
Clarity and Transparency Because payouts for first-party risks are often tied to independent third-party data (like weather stations or seismic monitors), parametric policies offer a high degree ...
With climate change fuelling bigger and more costly natural disasters, interest in alternative insurance solutions is rising in Bermuda. Parametric insurance provides rapid payout for policyholders ...
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