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March 14, 2016

China

Crab Farming Insurance

 

In a pilot program, in Sanmen County, Zhejiang Province, the Chinese People’s Insurance Company is offering insurance to mud crab farmers that are susceptible to typhoons and other losses caused by climatic and environmental factors.  In 2014, Sanmen County produced 12,500 tons of crabs worth over $7 million.

 

Source: Get-Top-News.com.  Zhejiang Taizhou Three Pilot Crab Farming Insurance.  March 13, 2016.

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