The African Reinsurance Corporation (Africa Re) has launched a new index-based livestock insurance (IBLI) product in Nigeria in partnership with the Livestock Productivity and Resilience Support Project (L-PRES). This coverage aims to protect livestock farmers against losses related to drought and pasture degradation. Based on a parametric approach, the product uses satellite data to monitor…...
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Africa Re deploys index-based insurance to secure livestock in Nigeria
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