August 7, 2025
What Is Parametric Insurance?
Parametric insurance is a modern approach to risk management that provides predefined payouts based on measurable events rather than traditional claims assessments. Unlike conventional insurance, which requires damage evaluation and lengthy claims processing, parametric insurance triggers automatic payments when specific conditions—such as earthquake magnitude, rainfall levels, or wind speed—are met.
August 1, 2025
July 17, 2025
The Impact of Climate Disasters on Insurance Policies