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Nam Le - Actuary

The value of parametric insurance in the event of climate disasters

Posted by: , Posted on: - Categories: Analysis, Climate change
Three men, one with a bike, and an elderly woman, stand in brown rushing flood water in a street. Behind them are tuk-tuks, and cars. Credit: Dibakar Roy Unsplash.

The African Risk Capacity (ARC) organisation marks 10 years of providing rapid prearranged finance following extreme weather events and GAD works with ARC and others. In this blog we look at the use of parametric insurance to deliver support to the most vulnerable areas of the world.