Parametric insurance pays out based on whether or not an event, such as a natural disaster, happens within the parameters of your policy. If you are a homeowner, parametric insurance can be a good ...
Disasters such as wildfires are becoming increasingly frequent occurrences, leaving homeowners scrambling for ways to proactively protect themselves and recover financially. Traditional insurance ...
Insurance is one of the few industries that have remained largely unchanged over the past few decades at a low level: You suffer losses as a direct result of something going south, and you get paid by ...
PAKISTAN stands at the front lines of the global climate crisis. From heatwaves and droughts to devastating floods that threaten lives and livelihoods each year, the economic and human toll of climate ...
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Parametric Insurance: Can it provide the financial safety net India needs against climate risks?
Between 2000 and 2019, India experienced the third-highest number of natural disaster events globally. The future looks grim as the frequency and intensity of these disasters are projected to increase ...
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Parametric insurance sees 12.6% CAGR through 2034
China is expected to be one of the fastest-growing parametric insurance markets. The global parametric insurance market was valued at $16.2b in 2024 and is projected to grow at a compound annual ...
India’s agriculture sector employs nearly half of the population and contributes about 18 per cent to the GDP. It relies on smallholder farmers, representing around 86 per cent of the farm holdings.
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