R4 weather-index microinsurance program makes first payout
18th November 2011The companies behind the R4 Rural Resilience Initiative weather-index microinsurance pilot program, which is currently operating in Ethiopia but plans to expand, have announced that the first successful payout to policyholders has been successfully made. Over 1,800 farmers in seven villages experienced drought conditions that triggered a payout under the terms of their index-based insurance […]
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