Creation of a parametric pandemic risk pool in India
The Indian regulatory authority IRDAI is looking to set up a parametric pool dedicated to pandemic risks. The regulator and the Indian government have commissioned a working group to study the feasibility of such a project oriented towards the needs of local businesses.
The Indian pool would cover business interruption in the event of a pandemic. The project would also cover health expenses and some life insurance benefits.
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Mon, 28/09/2020 - 14:58
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