Before the Impact

Having a reliable way to understand the impact of an event, prior to it occurring, is a game changer for building resilience to extreme weather and natural disasters. In April’s The Actuary Magazine, Jerry Skees and Alin Radu discuss the value of Parametric Forecast Indices, and give an in-depth look at Global Parametrics’ B-Ready program, where we developed a disaster risk financing product with Oxfam and Plan International in the Philippines.

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