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News | Tag: parametric insurance

Parametric insurance - a lifeline for Africa

November 12 2024 By Reinsurance Solutions parametric insurance, natural disasters

In the face of growing climate change-related events, parametric insurance is being touted as the best possible protection for businesses operating in Africa. The World Economic Forum goes as far as to say that 'it could become a key part of the relief capital mix' as it offers a quick and relatively low-cost insurance solution. With many clients operating in industries at the forefront of climate change risks in Africa, Reinsurance Solutions has...