Swiss RE has developed an insurance product that protects coral reefs, Congratulate them!

Swiss RE has developed an insurance product that can be used by localities to protect their valuable coral reefs. Reefs lessen the impact of hurricanes on land by mitigating wave action. This type of insurance product, first deployed in 2019, is now being used around the world to protect reefs. Innovative financial products like this should be encouraged. Congratulate Swiss RE.