Feature

Insurers look to parametric solutions to play role in new loss and damage fund

Ahead of COP28, the industry shares some thought on what role insurance can play in disaster relief funding.

By Blake Evans-Pritchard

November 30, 2023

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6 min read

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Market conditions continue to evolve as businesses review their priorities and plans for growth. The pace of change varies across the region, with local factors shaping how organisations respond.

Attention is turning to the balance between near-term opportunities and longer-term objectives. Decisions made today will help determine how businesses adapt as conditions develop.

While the outlook remains varied, the broader direction reflects a market adjusting to new demands. The implications will become clearer over time as plans move into practice.