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International

Australia: Large underwriters crucial for crop insurance

October 01, 2014 Reprints

Garry Hansen, chairman of Grain Producers South Australia, has said that support from big underwriting firms is crucial to develop multi-peril crop insurance in the country, Stock Journal reports.

Mr. Hansen said that if such large companies "won't accept the risk, the proposal won't get off the ground."

Multi-peril insurance has not received significant support from the government, said Andrew Weidemann, chairman of Grain Producers Australia.

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Australia: Large underwriters crucial for crop insurance

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