News eCin25 May 2018

Govt support essential to development of parametric insurance

25 May 2018

As parametric insurance is considered a type of microinsurance product, insurance companies may be reluctant to design and develop parametric insurance products unless the government provides adequate support such as subsidies to policyholders, note Xiaolin Lin, Nigel Brook and Wynne Lawrence, of the global law firm, Clyde & Co, in an article.

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