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What is parametric disaster insurance? It just delivered a speedy payout in Florida for Hurricane Ian

Por: MarketWatch Business December 07, 2022

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It’s not brand new, but parametric insurance is drawing more widespread interest, particularly as the likes of Ian, which require more robust tracking data and pack plenty of unpredictability. Climate change, for instance, makes for intense storms that are less likely to be knocked down in strength by a land mass, such as Florida, as has been typical historically. Arbol, a fintech and climate-change risk company, announced this week that it... + full article



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