Market ‘only scratching the surface’ of parametric potential
Iceye’s head of reinsurance practice and Guy Carpenter’s head of catastrophe risk research describe the growth and potential of parametric solutions, and the frictions standing in the way of larger adoption
The appeal and utility of parametric insurance is growing, and the interpretation of basis risk is evolving, Guy Carpenter’s Guillermo Franco and Iceye’s Anke Sielker say