Insight
Parametric insurance: A captivating solution
Parametric policies, which pay based on the magnitude of an event, can bridge coverage gaps that are difficult to insure with a traditional indemnity policy.
Key insights from LTC first principles modeling
04 August 2020
In the past five years, many long-term care insurance carriers have moved from a claim cost model approach to a first principles model approach to create business projections and perform cash flow testing. This article discusses modeling and the information that companies can glean from a first principles approach.
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