This session will provide attendees with an understanding of the history, present state, and the future of the parametric risk transfer marketplace. Attendees will learn how parametric risk transfer can be an effective tool to both better protect the captive’s underlying exposures to loss and efficiently protect the surplus and profits of the captive from losses that may be difficult or impossible to obtain traditional coverage for.

Following this session, attendees will understand sophisticated reinsurance strategies utilized by many of the largest insurers and reinsurers to protect their exposures and what types of exposures are best suited to be transferred on a parametric basis.

 ICCIE Continued Education credit available for session participants.