Landslide parametric insurance
Covers the disruption when rainfall reaches the level known to trigger landslides at the insured site or on its access routes.
Index, trigger and payout
Payout
How the cover works
What is measured, and when it pays.
- Risk covered
- Rainfall-triggered landslide/debris flow affecting the insured site or access infrastructure.
- Parametric trigger
- Antecedent + triggering rainfall vs. calibrated local threshold.
- Payout
- Predefined payout compensating the loss, sized on an 11-tier trigger scale.
- Index resolution
- Named asset, daily
- Data and model
- Power-law size-frequency distribution (Malamud & Turcotte landslide-inventory studies).
- Typically for
- Construction & infrastructure
Bought by the same clients
Related covers.
Next step
Test the trigger on your own location.
We back-test the index at your site over its full history and come back with indicative terms, before anything is bound.