Vermont allows captives to issue parametric coverage

Gavin SouterJune 6, 2022
Weather forecast symbol data presentation with graph and chart on tropical storm background. Dramatic atmosphere panorama view of storm clouds and heavy rain storm on twilight tropical sky.
Credit: iStock/ekapol

Vermont will allow captives domiciled in the state to cover and buy parametric risk transfer products, which pay claims based on agreed triggers rather than incurred physical losses.

While Bill H515, which has now been sig...

Want to read this article?

Register for ultimate access to this article and ALL our premium content

ULTIMATE ACCESS PROVIDES YOU WITH

  • Unrestricted access to Commercial Risk, Commercial Risk Europe and Global Risk Manager news, exclusive expert analysis and opinion
  • Breaking news, daily and/or weekly Commercial Risk Europe newsletters and regular digital publications
  • Breaking news, weekly and monthly Global Risk Manager newsletters and quarterly digital Journal
  • European and global surveys, rankings and special reports
  • National European local language newsletters
  • Preferential access to webinars and virtual and physical conferences

If you are already a registered user or subscriber you can LOGIN below for ultimate access:

Gavin SouterJune 6, 2022
Back to top button