Climate change insurance: Poor reach, reliance on fossil fuel key issues

India's challenge is that the insurance coverage and penetration vary by lines of business and the low penetration problem is acute

Subhomoy Bhattacharjee | New Delhi
Last Updated at March 12, 2023 17:56 IST

Photo: Shutterstock

Climate change and the risk associated with it is a major topic that is discussed at global forums. Yet, discussion on climate issues was conspicuously low-key at a meeting of global insurance mavens in New Delhi last week to decide their priorities for the year and possibly for the decade.

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