EPISODE · Mar 3, 2025 · 17 MIN
Insuring the uninsurable
from Business Daily · host BBC World Service
We hear from businesses in California, Fiji and the UK that have been hit hard by natural disasters like floods, wildfires and extreme storms - followed by rising insurance premiums - or companies refusing to insure them at all. An alternative type of cover, parametric insurance, is being offered as a way of giving people some cover. But does it work for everyone? If you would like to get in touch with the show, please email: [email protected] and produced by Lexy O'Connor(Image: A view of flash flood in Daddu district southern Sindh province, Pakistan, on September 07, 2022. Credit: Farhan Khan/Anadolu Agency via Getty Images)
What this episode covers
We hear from businesses in California, Fiji and the UK that have been hit hard by natural disasters like floods, wildfires and extreme storms - followed by rising insurance premiums - or companies refusing to insure them at all. An alternative type of cover, parametric insurance, is being offered as a way of giving people some cover. But does it work for everyone? If you would like to get in touch with the show, please email: [email protected] and produced by Lexy O'Connor(Image: A view of flash flood in Daddu district southern Sindh province, Pakistan, on September 07, 2022. Credit: Farhan Khan/Anadolu Agency via Getty Images)
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Insuring the uninsurable
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