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PARAMETRIC INSURANCE
Extreme heat tests India's record milk productionIndia's booming dairy sector, a global leader, faces a significant threat from escalating heatwaves. Farmers like Neeraj Bharadwaj are witn...- Climate crisis is a gender issue, women face higher risks, less representationClimate change disproportionately impacts women, who are often excluded from decision-making despite their crucial roles in crisis response...
- Bank-NBFC co-lending pacts may be expanded to aid MSMEsA parliamentary panel suggests boosting bank and NBFC co-lending to help MSMEs access cheaper credit. It also proposes listing profitable r...
- Go Digit paid India’s first insurance claim using parametric product for agriculture, it saidGo Digit General Insurance has disbursed payouts to around 500 farmers in Rajasthan. This marks a significant step in climate-linked insura...
- Why Union Budget 2026 could be crucial for expanding insurance coverage in IndiaAn industry perspective on the reforms and incentives Budget 2026 could introduce to strengthen insurance adoption, manage emerging risks a...
- India considers introducing nationwide climate-linked insurance schemeIndia's government is in early talks with local insurers to design a nationwide climate-linked insurance program. This parametric model wou...
- ET World MSME Day: How New India Assurance is charting a resilient future for MSMEsThe national insurer is bridging protection gaps with weather-triggered payouts, embedded cover with fintechs, and products to future-proof...
- How much does a heat wave cost? Insurers and CEOs want to knowAs extreme heat events intensify, financial risks are becoming more apparent, prompting the development of heat-hazard modelling and hedgin...
- AIC seeks GST exemption on all rural general insurance plansAgriculture Insurance Company Ltd. urges the GST Council to eliminate the 18% GST on rural-focused general insurance, including agriculture...
- How migrant labourers in Noida can get insurance payout of Rs 3000 if temperature risesDigit Insurance is settling claims for Noida's migrant labourers due to extreme heat. This heat-index based cover offers quick financial re...
- Is parametric insurance the next big thing in insurance?As climate, technology, and disaster risks intensify, parametric insurance offers a fast, data-driven alternative to traditional models. Fr...
- Digit Insurance partners with KMD to offer AQI-based Parametric Insurance to construction workersDigit Insurance, in partnership with KM Dastur Reinsurance Brokers, introduces an AQI-based parametric insurance policy to financially supp...
- High premium costs for parametric insurance flagged at NDMA meet amid GST concernsThe National Disaster Management Authority (NDMA) discussed the high cost of parametric insurance premiums and the imposition of 18 percent...
- Extreme heat cover, the right coolantIn response to increasing heat-related challenges, especially impacting informal sector workers, efforts are being made to mitigate financi...
- Government initiates parametric & hydroelectric insurance pools for enhanced disaster protectionThe government, led by GIC chairman Ramaswamy Narayanan, is developing parametric and hydroelectric insurance pools to enhance disaster pro...
- Insurers may get aid to deal with nature's furyThe standing committee on finance-headed by former minister of state for finance Jayant Sinha has considered issues around reinsurance foll...
- Fin Min meets chiefs of private sector general insurersThe finance ministry has discussed various critical issues with the General Insurance Council and private sector general insurance companie...
- Govt to spend Rs 20,000 cr on KCC loans, says Union agriculture ministerThe Indian government plans to spend around Rs 20,000 crore on Kisan Credit Card (KCC) loans, according to Union Agriculture Minister Naren...
- Kisan Rin Portal to be launched on TuesdayAccording to the agriculture ministry, the Kisan Rin digital platform offers a comprehensive view of farmer data, loan disbursement specifi...
- Agri-insurtech company IBISA raises seed funding from Ankur Capital70% of the global food supply comes from smallholder farmers and more than 50% of the Indian workforce is into agriculture and allied secto...
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