Smart Parametric Insurance with Metryc

What if there was a superior parametric insurance product that paid whenever you needed it, and was also available at a lower premium than traditional insurance? This powerful combination significantly…

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Number of Affected People – A Vague Measure

The lack of a standardized measure to report in a timely manner the impact of tropical cyclones is discussed in this blog, using the example of the tropical cyclones Batsirai 2022 and Freddy 2023 hitting Madagascar. The current reporting methods provide various figures, such as the number of people affected or displaced, without indicating the dimension of the severity. This deficit of coherence and clarity can lead to confusion and misinterpretation of the situation. The following blog suggests a comprehensive and comparable measure to report the impact of tropical cyclones and highlights the importance of providing quick liquidity for disaster relief measures.

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