cat in a box

Share

Verisk working to refine traditional cat-in-a-box structure

Verisk Insurance Solutions is working on enhancing the traditional parametric cat-in-a-box structure, aiming to minimise basis risk and expand its capabilities, which in turn could create opportunities for the reinsurance and insurance-linked securities (ILS) markets to deploy more capacity.Working alongside Wood Mackenzie, a fellow Verisk Analytics company, Verisk Insurance Solutions read the full article →

Cat-in-a-Box & parametric contract pricing app launched by RMS

Risk modelling firm RMS has launched a new cloud-based application that enables all insurance, reinsurance or insurance-linked securities (ILS) markets to model, create and price parametric risk transfer cat-in-a-box contracts.The RMS Cat-in-a Box app is designed to provide a simple, quick and graphical approach to make the underwriting of parametric read the full article →