But parametric insurance principles are also applied to Agricultural crop insurance and other normal risks not of the nature of disaster, if the outcome of the risk is correlated to a parameter or an index of parameters.
Whether operating as an inner or outer tugboat captain, the job holds tremendous responsibility, including ensuring the safety of all on-board personnel, maintaining and repairing a vesselâs mechanical systems, navigating tight courses in inclement weather, and meeting strict landing schedules.
Sir Henry Morgan (Welsh, 1635-1688). Captain Morgan is one of the most famous pirates who terrorized Spainâs Caribbean colonies in the late 1600s. Inconspicuously sanctioned by England, Morgan became the head of the Jamaican fleet and successfully undermined Spanish rule, hampering normalcy in the West Indies.