India expands parametric insurance in climate-hit sectors
As India faces more frequent floods, heatwaves, and solar shortfalls, parametric insurance is starting to gain traction in sectors like agriculture, renewables, and informal labour, according to Policybazaar for Business. Globally, the parametric market was worth $15.9b in 2023 and is projected to reach $34.6b by 2032. India’s market is growing at a faster pace of […]









