India May Introduce Climate-Linked Insurance Scheme to Simplify Relief Process, Says Report — What Is It?

Climate Insurance: Will India Pay When The Skies Go Rogue?

Because there’s no claim assessment, money can land in days, sometimes hours, which matters when families need cash for water, medicines, food, or temporary shelter.

India mulls climate-linked insurance scheme

Government in talks with insurers to simplify payout process after extreme weather events

India may introduce climate-linked insurance scheme to simplify relief process, says report — what is it?

India is considering a nationwide climate insurance programme, focused on a parametric model for quick payouts during extreme weather events such as floods. The initiative aims to offset the financial strain on the government.

India in talks with insurers for nationwide climate-linked parametric insurance plan

India explores parametric climate insurance to enable quick payouts after floods and heatwaves; NDMA, Finance Ministry, GIC Re lead early-stage talks

Government in talks with insurers for climate-linked insurance scheme: Report

India ranks among the most climate-exposed nations, and to address this, the government has started talks with insurers to build a nationwide climate-linked insurance plan.

India considers introducing nationwide climate-linked insurance scheme

India's government is in early talks with local insurers to design a nationwide climate-linked insurance program. This parametric model would provide quick, pre-determined payouts for extreme weather events like heatwaves and floods, helping the government manage disaster costs. India, highly vulnerable to climate change, aims to be a pioneer in this approach, building on successful state-level pilots.