GCP Short: Can captives absorb basis risk & transform parametric policies?
Description
In this GCP Short, produced in partnership with Swiss Re Corporate Solutions, Richard explores the viability of more captive adoption of parametric policies.
Thomas Keist, Global Captive Solutions Leader, and Jan Bachmann, Head of Innovative Risk Solutions, explain how a captive can be utilised to absorb that basis risk that usually exists in a parametric policy.
Adrien Norulak, Head of Risk Analytics and Director of Innovation & Technology at Swiss Re, discusses how Risk Data Services (RDS) can also be used to minimise the basis risk and contribute to more accurate modelling and parametric triggers.
Adrien will be presenting on this topic at the European Captive Forum alongside client Fabien Couillard, insurance manager at TetraLaval, from 4.15pm on Wednesday, 8 November.
Read the Captive Intelligence long read on parametric insurance and captives here.
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