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Parametric insurance is becoming a key tool to manage risk as temperatures rise: Swiss Re

reinsurancene.ws · 21h · first reportShare

As global temperatures continue to rise, insurance is increasingly emerging as a critical tool for mitigating the financial strain caused by extreme heat, according to Swiss Re’s Rethinking resilience in the face of extreme heat report. In combination with adaptation measures, insurance transfers risk while delivering valuable financial signals about the effectiveness of initiatives designed […] The post Parametric insurance is becoming a key tool to manage risk as temperatures rise: Swiss Re appeared first on ReinsuranceNe.ws .