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Early-stage talks begin on climate-linked insurance
October 07, 2025
|Financial Express Hyderabad
PARAMETRIC MODEL
THE CENTRALGOVERNMENT has begun early-stage talks with local insurers about designing a nationwide climate-linked insurance programme aimed at simplifying the payout process after extreme weather events such as heatwaves and floods.
The scheme would adopt a parametric insurance model, where policyholders receive a predetermined payout when specific weather thresholds such as rainfall, temperature or windspeed are breached.
Should the discussions bear fruit, Indiaamong the nations most prone to extreme weather events - could become one of the first major economies to roll out such a programme.
هذه القصة من طبعة October 07, 2025 من Financial Express Hyderabad.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
هل أنت مشترك بالفعل؟ تسجيل الدخول
المزيد من القصص من Financial Express Hyderabad
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