The webinar outlined a landscape analysis of the market potential and insurance opportunities on the Indian shrimp aquaculture
The ICAR-Central Institute of Brackishwater Aquaculture, Chennai in association with the Willis Towers Watson, a leading world re-insurance company organised an international webinar on the ’Scope of Reintroduction of Shrimp Crop Insurance in India’.
In his address, Dr KP Jithendran, Director, ICAR-CIBA, Chennai briefed about the Indian Shrimp Aquaculture and the 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 and 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 reinsurance sectors participated in the meeting.
