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 […]
India is poised to become the fastest-growing major insurance market globally by 2030, outpacing both China and the United States, according to a new outlook from Swiss Re. The reinsurer projects India’s insurance premiums to grow at a compound annual rate of 6.9% through 2030, driven by strong demand across life, health, and motor insurance […]
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