Pools and parametrics
The ins and outs of pools and parametricsFind out more
Parametric covers
The government purchases parametric cover, say for EUR 1 bn, from the insurance and/or capital markets. The amount is paid out immediately after a triggering event and can be used by the government to provide immediate relief to the affected population and/or to rebuild infrastructure
Swiss Re is not only one of the biggest players in reinsuring natural catastrophes but also the global leader in the provision of parametric covers and the securitisation of insurance risk.
For more on how these solutions work, please go to 'Pools and parametrics”' (see right).
