AIR+04 Dec 2018

Should India transfer its catastrophe risks to capital markets?

| 04 Dec 2018

Thousands of army, navy and air force troops were sent out to help the stranded [Sivaram V/Reuters]

The coastal Indian state of Kerala suffered an estimated economic loss of $4.5bn due to the floods that affected the state in August this year. Kerala has demanded that the federal Indian government provide additional resources to help rebuild the state's damaged infrastructure.

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