Insight
Parametric insurance: A captivating solution
Parametric policies, which pay based on the magnitude of an event, can bridge coverage gaps that are difficult to insure with a traditional indemnity policy.
How should actuaries think and spend their time in regard to the COVID-19 pandemic? The news regarding COVID-19 is littered with complex ideas issued from technical experts that demand thought and (likely) translation for laypeople to understand them. Actuaries are skilled at both understanding exponential processes and growth and discussing these in accessible, conversational language.
This article was published in The Actuary magazine.
Explore more tags from this article
About the Author(s)
INSIGHT