Hurricane Delta Triggered Coral Reef Parametric Insurance

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Insurance Information Institute - Nov 02, 2020

Hurricane Delta last month triggered a 17 million peso (US $800,000) insurance payout to the Trust for the Integrated Management of the Coastal Zone, Social Development, and Security for the State of Quintana Roo, Mexico. The parametric policy, deployed last year, cost the trust nearly 5 millio...

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