![New Drought Insurance Product](https://www.abterrace.com.au/wp-content/uploads/2018/08/shutterstock_436631797_e54d4f55eb1125206166d4dd300b4efc.jpg)
A drought insurance product, based on one created for Kenyan farmers, is being developed for the Australian market.
The Swiss-based CelciusPro, which has an offshoot in Australia, launched a pasture drought insurance program last October developed in conjunction with the World Bank, Kenyan government and International Livestock Research Institute.
Read more here. Source: Insurance Business Online