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Parametric heatwave microinsurance triggers in India, providing relief for nearly 50,000 women

The parametric product, underwritten by Swiss Re and provided locally by ICICI Lombard, was triggered by 40°C heatwaves in May, paying out to 46,242 low-income women in India.
Parametric heatwave microinsurance triggers in india providing relief for nearly 50000 women rein asia

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June 13, 2024

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3 min read
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