Betting on the weather emerges as a solution as insurance costs skyrocket

Australian Broadcasting Corporation Monday 6th October 2025, 6:50PM 1 min read 6 hours ago

Amid more extreme weather events, parametric insurance — described as a bet on the weather —is on the rise. It is now being touted as a possible solution for Australians, who have some of the highest insurance losses in the world.

Read original Australian Broadcasting Corporation

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