Título: Parametric insurance : helping close the protection gap / Daniel Duesterhaus
Autor: Duesterhaus, Daniel
Notas: Sumario: While the insurance market worldwide is evolving, a few challenges remain. The protection gap is one of them. Especially in developing countries, a higher share of natural catastrophe losses is uninsured. Parametric insurance and the reinsurance of those covers is one possible solution to help close that gap. Parametric insurance is a shortcut approach to insurance protection, in contrast to traditional insurance, it does not rely on assessments of the actual damage caused by natural catastrophes. Instead, parametric insurance covers are based on predefined triggers and payout mechanisms. Payments for claims are fixed in advance. Under traditional insurance terms, a natural catastrophe would need to damage property with a specific insurance cover. Then a claim needs to be filed, investigated and a settlement needs to be made.
Otras clasificaciones: 328
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