Cat to the rescue: Govts, insurers must issue catastrophe bonds for citizens’ financial protection from weather events

The devastation wrought by incessant rainfall in Kerala and Uttarakhand has forcefully brought home the heightened risks arising out of climate change. Extreme weather, events that are dissimilar to 90-95% of weather events, is one...

from Times of India Opinion https://ift.tt/3lX2qRi