2min chapter

Odd Lots cover image

What Extreme Weather Events Are Doing to Global Insurance Markets

Odd Lots

CHAPTER

Parametric Triggers - The Future of Insurance

Parametric's really came into the industry as well over two decades ago when we first saw them come into the marketplace. They're basically an insurance contract that will trigger based on the parameter of an event. These are much more applicable in developing economies because there's often a lack of insurable interest on the ground, so there may not be very much insurance in force.

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