LBIC partners with CelsiusPro to pilot index drought insurance in South Africa

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Reinsurance News - Oct 14, 2024

Land Bank Insurance Company (LBIC) has partnered with CelsiusPro to pilot index insurance in South Africa, offering affordable drought-risk coverage for smallholder crop and livestock farmers. Index insurance is a cost-effective way to protect smallholder and semi-commercial farmers. Payouts are tri...

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