Rex Insurance and NiMet launch weather index insurance to protect smallholder farmers

KEY POINTS MAIN STORY In a significant move toward climate-smart agriculture, Rex Insurance and NiMet signed a Memorandum of Understanding on Tuesday to bridge the protection gap for Nigeria’s rural farmers. The partnership shifts agricultural insurance away from traditional damage assessments toward a data-driven “index” model. By leveraging NiMet’s extensive weather observation infrastructure, the system … Continue reading Rex Insurance and NiMet launch weather index insurance to protect smallholder farmers