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Parametric options – how have they developed over time?

Parametric options – how have they developed over time?
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What are the important thing elements behind these altering attitudes?

The design of parametric options is one which has helped transfer the dial on market conversations, Clark stated, as a parametric resinurance providing, “they don’t face the danger of loss-cost uncertainty. Which means, there are not any claims they should pay, it’s a modelled claims index, it’s not based mostly on the precise claims. So, they know their most publicity on day one.



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