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Resilience and Innovation – the world’s first Parametric Insurance product for coral reefs

Resilience and Innovation – the world’s first Parametric Insurance product for coral reefs

Last month, The Nature Conservancy (TNC), a leading global nature conservation organisation, announced a new partnership with global reinsurance giant Swiss Re to create the world’s first parametric insurance policy that can be used to both insure and enhance the resilience of coral reefs and the communities that rely on them.

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