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Satellite Services for Parametric Insurance Market Analysis 2026
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Satellite Services for Parametric Insurance Market Analysis 2026
On October 14, 2025, the African Risk Capacity Group announced a combined parametric insurance payout of just over $5.4 million to support Mozambique after the 2024/25 drought season and Tropical Cyclone Chido. The payment went to the Government of Mozambique and to the World Food Programme as an ARC Replica partner. That event shows the basic promise behind Earth observation for parametric insurance: money can move because an agreed measurement…
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