India lost an estimated 247 billion hours of labour to extreme heat in 2024. That is equivalent to nearly $194 billion in economic losses. India's 2025 heatwave arrived as early as February. It was also the first time a heatwave occurred during winter months, as defined by IMD. What people experience as a few warmer days can quickly turn into extreme heat and humidity during summer. For outdoor workers, each hot day represents more than just uncomfortable working conditions.

India's insurance penetration fell to 3.7% of GDP in FY25, which is well below the global average of 7.3%. Meanwhile, climate disasters cost India an estimated $12 billion in 2025 alone. Over 90% of natural disaster losses in the country remain uninsured. That gap is not just a statistic. For a farmer or gig worker, it is the difference between recovery and debt. Why Traditional Insurance Cannot Close This Gap Traditional insurance requires proof of loss. A surveyor must vis

In 2025, India’s southwest monsoon rainfall was 8% above normal. It was also the year's deadliest climate disaster globally, per Christian Aid's Counting the Cost 2025 report. However, "above-normal rainfall" describes weather. It does not describe loss. A textile MSME in Surat and a pharma company in Mumbai both saw flooding. One shut for two weeks while the other filed insurance and recovered in days. It was the same rain, but the financial outcomes were vastly different.