Whalesbook
Dekho dosto, jab se climate change badha hai aur garmi badhi hai na, India mein economic losses bhi kafi badh gaye hain. Isko face karne ke liye, insurers 'Parametric Insurance' ko zor shor se adopt kar rahe hain. Traditional insurance mein claim approve hone mein mahino ya saal lag sakte hain, par ye wala policy weather ke specific trigger jaise ki temperature kitna badha, uske hit hote hi automatic paisa de deta hai. Ye un logon ke liye bahut zaroori hai jo bahar kaam karte hain. Socho, 2024 mein sirf extreme heat ke karan India ne around $194 billion ka potential income aur 247 billion labor hours kho diya. Isliye Go Digit, ICICI Lombard aur Bajaj Finserv jaise companies ne heat-linked products launch kiye hain.
Ye koi chota market nahi hai, yaar. Duniya bhar mein parametric insurance market $19.4 billion se badhkar $63.8 billion tak jaane wala hai 2035 tak. Aur Asia-Pacific mein sabse tezi se growth ho rahi hai, kyunki climate disasters zyada ho rahe hain. India ka GDP bhi 2030 tak 5.4% tak kam ho sakta hai agar humne kuch adapt nahi kiya toh. ICICI Lombard, jo India ke non-life sector mein 8.7% share rakhti hai, usne pichle 5 saalon mein 17.3% ka return-on-equity dikhaya hai. Go Digit ka market value around ₹28.6 thousand crore hai aur uska P/E ratio 53.33 ke aas paas hai.
Par har acchi cheez mein kuch challenges toh hote hi hain. Yahan sabse bada problem hai 'basis risk'. Matlab, policy weather trigger ke basis par payout karti hai, par ho sakta hai ki actual loss policyholder ko utna hua hi na ho, ya usse bhi zyada ho. Isse trust kam hota hai. Aur India mein, khaas kar jo vulnerable workers hain, unke liye ye policy afford karna bhi mushkil ho sakta hai, agar prices zyada rahe toh. Fir data accuracy ka bhi issue hai.
Analysts ka view bhi positive hai Go Digit par, unka consensus 'Buy' rating hai aur target price around ₹366.20 hai. ICICI Lombard ko bhi 'Outperform' rating mili hai aur target ₹2,125 ke aas paas hai. Aise hi events badhte rahenge toh parametric insurance ka demand bhi badhega. Companies ab traditional insurance ko iske sath combine karne par bhi soch rahi hain.