Mexico gets parametric insurance for coral reef


The Nature Conservancy and the state government of Quintana Roo in Mexico have created a “Coastal Zone Management Trust” which will finance the first-ever parametric insurance policy covering a coral reef and the beach sand against the impact of hurricanes.

Mexico, Parametric, Insurance, Coral reef, Government, Ocean, Restoration, Conservation, Quintana Roo, Swiss Re, Latin America

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