Q&A: How a small Indian state overcame parametric insurance hurdles

Quick Summary:

As countries face challenges using parametric insurance, a small Indian state found success by taking control of the process.

Context spoke to Johnny Ruangmei, joint chief executive officer of the Nagaland State Disaster Management Authority, about the tool and its efficacy in building climate resilience.

What is the role of tools like parametric insurance in creating resilience against climate change in vulnerable regions?

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Article Details

Category: EconomyBusiness

Markets: SingaporeGermanyIndia

Topics: Heatwaves Climate risk Food security Global warming Floods Insurance Agriculture Inequality Natural disasters Climate Farming Extreme weather Crops

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-20 @ 02:15:00 (2 days ago)

News Timezone: GMT +8:00

News Source URL: eco-business.com

Language: English

Article Length: 801 words

Reading Time: 5 minutes read

Sentences: 41 lines

Sentence Length: 20 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Eco-Business

News ID: 28884473

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About Eco-Business

Main Topics: EconomyBusiness

Official Website: eco-business.com

Update Frequency: 3 posts per day

Year Established: 2009

Headquarters: Singapore

News Last Updated: 19 hours ago

Coverage Areas: Singapore

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #100

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