Parametric insurance is emerging as a groundbreaking solution for communities grappling with the increasing frequency of natural disasters, particularly in the realm of flood insurance.Unlike traditional indemnity policies that require damage assessment post-event, parametric insurance offers rapid payouts based on predetermined conditions, such as rainfall levels or wind speeds.
Join us for the insightful Natural Disasters Webinar, where experts will delve into the escalating threats posed by climate risk and severe weather phenomena.This engaging series, hosted by Triple-I, features leading scholars who are harnessing innovative data initiatives to better understand and mitigate the impacts of natural disasters.
Climate risk is becoming an increasingly critical concern as we navigate the complexities of a warming planet.The insurance industry, particularly property and casualty insurance, is facing unprecedented challenges with natural disasters, which are intensifying due to climate change.
