List of Indices Supported
Version 2.0
Introduction
This document addresses the details of index currently supported on Riskwolf Coverage Designer. The list is non-exhaustive, and it will be updated as and when new indices are needed.
1. Aggregate of rainfall over respective phases
Sum of rainfall over number of days can be measured and tested against respective strike and exit.
Sample Termsheet
Index Configuration
Payout Configuration
2. Highest of 4 consecutive days cumulative rainfall in respective phases
Sample Termsheet
Index Configuration
Payout Configuration
3. Number of days in a spell of consecutive dry day (< 2.5 mm rainfall per day)
Sample Termsheet
Index Configuration
Payout Configuration
4. Sum of upward deviation of daily Max. Temperature and downward deviation of daily Min. Temperature from the trigger temperature.
Sample Termsheet
Index Configuration
Payout Configuration
5. Count of Rainy days
Sample Termsheet
Index Configuration
Payout Configuration
6. Cumulative upward deviation of daily Maximum wind speed from the trigger
Sample Termsheet
Index Configuration
Payout Configuration
7. Sum of deviations in daily minimum temperature below the trigger
Sample Termsheet
Index Configuration
Payout Configuration
8. Cumulative deviations of mean temperature more than 3 °C from trigger
Sample Termsheet
Index Configuration
Payout Configuration
9. Cumulative daily upward deviation of Max temperature from respective fortnightly trigger
Sample Termsheet
Index Configuration
Payout Configuration
10. Consecutive days with daily rainfall > threshold
Sample Termsheet
Index Configuration
Payout Configuration
11. Cumulative daily downward deviation of Minimum Temperature from fortnightly trigger
Sample Termsheet
Index Configuration
Payout Configuration
12. Count of days having daily Minimum temperature greater than 21 ° C
Sample Termsheet
Index Configuration
Payout Configuration
13. Cumulative daily upward deviation of T Max from threshold
Sample Termsheet
Index Configuration
Payout Configuration
