Nagaland partners korisa SBI General Insurance logota for groundbreaking parametric insurance solution karona

Nagaland State Disaster Management Authority (NSDMA)  signe korisa akta Memorandum of Understanding (MoU) SBI General Insurance logota. Aitu three-year collaboration aim asa to implement  Nagaland Disaster Risk Transfer Parametric Insurance Solution (DRTPIS), akta pioneering initiative designed kora hoisa to safeguard  state against natural catastrophes.

DRTPIS, tailored asa specifically for Nagaland karona, cover koribo  financial impacts of extreme weather events such as excess aru unseasonal rainfall. By provide kori akta parametric insurance solution,  MoU aim asa to facilitate rapid recovery aru mitigate financial losses associated with natural calamities.

Naveen Chandra Jha, Managing Director aru CEO of SBI General Insurance, highlight korisa  importance of aitu initiative laga: “Parametric insurance akta crucial tool asa for manage kora risks posed by natural disasters. Aitu partnership  enhance koribo Nagaland laga  disaster response capabilities aru support koribo swift recovery efforts.” Nagaland Chief Minister Neiphiu Rio praised korisa agreement k as akta  historic first for state karona, emphasiz korisa aitu laga role in establishing akta robust disaster management framework karona. “Ami khan thrilled asa to collaborate with SBI General Insurance logota to introduce aitu innovative insurance solution, jun to significantly strengthen koribo ami khan laga  disaster preparedness aru response k.”