Parametric Insurance
topic on 2 shows · 3 statements across 2 episodes
3 statements about Parametric Insurance, every show
Lopes Lara: Kalshi will enter natural disaster insurance once margin is live
“Once we have margin, we can start going to more hurricane, natural disaster insurance, all of that side.”
Boomhauer: Parametric policies solve major contracting friction in insurance
“Parametrics solve a lot of the contracting problems that, that exist in any insurance market, be it climate or not climate.”
Boomhauer: Parametric insurance must balance basis risk against indemnity complexity
“The challenge is it introduces what's called basis risk. So what if a hurricane of, with wind speed, you know, X minus epsilon strikes? That's probably still not great for me as a homeowner, but the parametric policy is going to give me no coverage because we …”