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

Synopsis: With India prone to disaster activities, there is a need to launch the cat bonds or catastrophe bonds. Introduction Climate change has an adverse impact on the nature and environment. It led to a lot of devastating activities like floods, fire etc. India is also facing the brunt of these activities. National Disaster Management Authority… Continue reading Cat to the rescue: Govts, insurers must issue catastrophe bonds for citizens’ financial protection from weather events