Published: 02-Apr- 2007 | Product Category:
Other | Comments: 0
Dual triggers take a different approach to incorporating financial risks into traditional insurance programs. The client's retained risk is structured on an aggregate basis across all lines of insurance.
The amount of this retention is designed to be reduced when a second risk, such as interest rates, increases above a given range. In this way, the client's overall exposure to all risks is kept within predetermined limits.