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What is parametric insurance and why is its demand growing in Asia?

Parametric insurance helps to minimise losses from climate-related disasters, which Asia is particularly vulnerable to. It has been used in Southeast Asia to insure against typhoons and earthquakes, and to guard against crop losses.

what-is-parametric-insurance-and-why-is-its-demand-growing-in-asia?

Parametric insurance helps to minimise losses from climate-related disasters, which Asia is particularly vulnerable to. It has been used in Southeast Asia to insure against typhoons and earthquakes, and to guard against crop losses.