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 ...

At its essence, parametric insurance replaces ambiguity with clarity. Rather than reimbursing actual losses after protracted ...

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 ...

The Wilcoxon signed rank test, which is also known as the Wilcoxon signed rank sum test and the Wilcoxon matched pairs test, is a non-parametric statistical test used to compare two dependent samples ...

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