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Climate risk insurance is vital now more than ever

General Manager, Minet Risk Services (Corporate) at Minet Kenya Francis Maina. [Courtesy]

Last July, the planet experienced the second-hottest month ever recorded, setting the stage for what scientists are now categorising as the hottest year on record in 2023.

Alarming forecasts indicate the potential resurgence of the El Nino weather phenomenon in 2024, amplifying concerns about the far-reaching impacts of climate change.

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