The Future of Parametric Insurance and Innovations in Risk Trading
A special issue of Risks (ISSN 2227-9091).
Deadline for manuscript submissions: closed (20 August 2022) | Viewed by 4602
Special Issue Editor
Special Issue Information
Dear Colleagues,
I am pleased to invite you to join our Special Issue on “The Future of Parametric Insurance and Innovations in Risk Trading“. Our world is becoming increasingly unpredictable given the growing trends in pandemics, floods, wildfires, and other natural and non-natural catastrophes. The insurance industry needs to be prepared for this highly volatile future by offering a reliable infrastructure that can quickly and objectively settle claims around even the most unforeseeable events. Alternative risk transfer and parametric insurance solutions have been available since the late 1990s, but only recently found their way into corporate insurance markets. Parametric solutions offer a fast payout after a predefined triggering event has occurred and thereby protect against unpredictable catastrophic risks in ways traditional insurance cannot. New technologies like blockchain and smart contracts offer a new infrastructure for validating, storing, and transferring information in a highly secure and reliable way. In the past few years, we have seen major advances in innovation for the (re-)insurance industry and this Special Issue invites you to contribute on this topic. Research areas and topics of interest may include (but are not limited to) the following: Innovation in the insurance industry, Alternative Risk Transfer and the future of risk trading, parametric insurance markets, the interconnection between financial and (re-)insurance markets, as well as systemic risks and catastrophe risk management solutions. Similar topics as related to the future of the insurance industry are also welcome.
I look forward to receiving your contributions!
Dr. Annette Hofmann
Guest Editor
Manuscript Submission Information
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Keywords
- Parametric insurance
- Parametric risk trading
- Alternative risk transfer
- Systemic risks
- Innovation in insurance
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