AIR Worldwide introduces new disaster model for China’s agriculture industry.

China’s insurance industry is growing at an alarming rate. The nation has introduced several new laws that make insurance more affordable for citizens and the nation’s market more appealing to foreign companies. One of the fastest growing markets in China is agriculture. AIR Worldwide, a global risk modeling agency, has released a new model assessing the risk of China’s crops. The model is among the first of its kind to be introduced to China and details a number of factors that can influence the pricing of crop insurance in the…

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