In 2003, BASIX formed a partnership with ICICI Lombard General Insurance Company (a joint venture between ICICI Bank and Lombard, Canada) to pilot the sale of rainfall index insurance contracts to small farmers in the Andra Pradesh State of India. The project received technical assistance from the Commodity Risk Management Group (CRMG) of the World Bank and was the first weather insurance initiative launched in India and the first farmer-level weather-indexed...
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2010/07/01
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Scaling up microinsurance : The case of weather insurance for smallholders in India
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weather insurance
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