10th August, 2021, Chennai
The ICAR-Central Institute of Brackishwater Aquaculture, Chennai in association with the Willis Towers Watson, a leading World Re-Insurance Company organized an International Webinar on “Scope of Reintroduction of Shrimp Crop Insurance in India” today.
In his address, Dr. K.P. Jithendran, Director, ICAR-CIBA, Chennai briefed about the Indian Shrimp Aquaculture and potential for Aquaculture Insurance in India.
Dr. T. Ravisankar, Principal Scientist, ICAR-CIBA, Chennai outlined a landscape analysis of the market potential and insurance opportunities on the Indian Shrimp Aquaculture.
The scope for introducing the “Affinity Insurance” with the involvement of Hatchery and Feed Mill Industry partners along with the merits & demerits of “Indemnity” and “Parametric” Insurance Schemes were also discussed during the occasion.
The Heads and Unit In-Charges of the ICAR-CIBA along with representatives from the Insurance and Re-Insurance Sectors participated in the Meeting.
(Source: ICAR-Central Institute of Brackishwater Aquaculture, Chennai)
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