News Non-Life02 Oct 2020

India:Insurers likely to shun crop insurance following fall in reinsurance coverage

02 Oct 2020

The Pradhan Mandri Fasal Bima Yogana (PMFBY), a government sponsored crop insurance scheme, is expected to run into a cool reception from insurers after the national reinsurer GIC Re decided not to reinsure more than 45% of any insurer's crop insurance business.

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