Australia: Large underwriters crucial for crop insurance

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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