Using the computer to design objects by modeling their components with real-world behaviors and attributes. Typically specialized for either mechanical design or building design, a parametric modeler ...

Parametric wildfire insurance disrupts the traditional homeowners insurance system in a variety of ways. What consumers must know.

India plans climate-linked insurance scheme for fast payouts during floods, heatwaves, and extreme weather events ...

India is considering a nationwide climate insurance programme, focused on a parametric model for quick payouts during extreme ...

Credit value adjustment (CVA) is an adjustment added to the fair value of an over-the-counter trade due to the risk of counterparty defaults. When the exposure to the counterparty and the counterparty ...

India's government has begun early-stage talks with local insurers about designing a nationwide climate-linked insurance ...