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Parametric Insurance as a Transformative Financial Mechanism to Bridge the Gap Between Total Economic Losses and Insured Losses and Building Canada's Economic Resilience

Article scientifique 2025 Anglais

Résumé

This chapter explores parametric insurance as a transformative financial mechanism to bridge this protection gap and bolster Canada's economic resilience. By providing rapid, transparent, and predictable payouts based on objective triggers, parametric insurance can stabilize incomes, ensure business continuity, and reduce the fiscal burden on governments in the immediate aftermath of a disaster.

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Ahmed, M. (2025). Parametric Insurance as a Transformative Financial Mechanism to Bridge the Gap Between Total Economic Losses and Insured Losses and Building Canada's Economic Resilience. https://doi.org/10.70593/978-93-7185-066-7_2

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