Trigger construction
Learn how wind speed, earthquake intensity, rainfall, or other parameters can drive payout logic.
Parametric risk transfer
Parametric insurance course
ILS101 covers parametric insurance as part of the wider catastrophe risk transfer toolkit, including triggers, payout design, basis risk, sovereign disaster risk finance, and ILS market applications.
What you learn
Parametric insurance in practice
Basis risk
Understand the gap between actual loss experience and payout under a parametric formula.
Disaster risk finance
See why parametric structures are used by governments, risk pools, and development institutions.
Course context
How parametric insurance fits into ILS
Parametric triggers appear in catastrophe bonds, sovereign risk pools, weather risk transfer, and other disaster risk finance structures. ILS101 places parametric insurance alongside cat bonds, indemnity covers, industry loss triggers, and reinsurance applications so learners can compare the trade-offs.
Related ILS101 pages
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Study parametric insurance inside the ILS curriculum
Learn how parametric triggers work and where they fit in catastrophe risk transfer.
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