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International

German river’s fast depleting water levels could trigger parametric insurance

July 22, 2022 Reprints

Germany’s Rhine River is facing a significant drop in water levels that has increased the risk of shipping and trade disruptions, and could trigger parametric insurance arranged for such events, Artemis reported. The Rhine river is a crucial waterway for most of Germany’s shipping activities, and a drop in water levels could hinder the movement of cargo-laden ships, causing trade disruptions that could affect businesses, economic activities, and also drive inflation.

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German river’s fast depleting water levels could trigger parametric insurance

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