Product Update

Parametric Risk Contracts Examined in The Risk Report

The April 2018 issue of The Risk Report, "Parametric Risk Contracts—A Complement to Indemnity Insurance," examines parametric risk contracts. Also referred to as "index-based insurance," these are agreements under which an insurer agrees to pay the insured an agreed amount upon the occurrence of a certain event, such as an earthquake or hurricane of specified intensity.

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