A proposed approach towards minimizing basis risk in tsunami parametric insurance scheme

Abstract Tsunami parametric solution was introduced commercially in Japan in 2018, making it one of the first of its kind globally. Parametric insurance provides payouts based on a predefined hazard index, yet its application to tsunamis remains limited due to the lack of understanding of their comp...

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Bibliographic Details
Main Authors: Yushi Miki, Constance Ting Chua, Anawat Suppasri, An-Chi Cheng, Tomoya Iwasaki, Yugo Shinozuka, Takafumi Ogawa, Fumihiko Imamura
Format: Article
Language:English
Published: Nature Portfolio 2025-07-01
Series:npj Natural Hazards
Online Access:https://doi.org/10.1038/s44304-025-00127-x
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