India’s Parametric Insurance Market Is Growing at 11.3% Annually Amid Rising Climate Risks

As climate-related events become more frequent across India, parametric insurance is emerging as an innovative risk management solution for businesses and communities. According to Policybazaar for Business, India’s parametric insurance market is expected to grow at 11.3% CAGR through 2028, outpacing global growth as demand increases across climate-sensitive sectors. Key highlights: 🌾 Agriculture leads adoption […]