Parametric cat bond triggers could face NOAA catastrophe database wind-down uncertainty: AM Finest – Model Slux
The decommissioning of NOAA’s billion-dollar climate catastrophe database might drive a rethink of parametric triggers utilized in disaster bonds and hamper insurers’ potential to mannequin and value secondary perils, in line with international scores company AM Finest.The Nationwide Oceanic and Atmospheric Administration (NOAA) just lately introduced that its billion-dollar climate and local weather disasters database, … Read more
