Dhaka, Sept. 3 -- Business Desk ;

Green Delta Insurance PLC has successfully completed Bangladesh's first-ever Dairy Heat Index Insurance claim settlement at Mymensingh, marking a historic milestone in climate-smart agricultural insurance. The insurance protects dairy farmers from income loss caused by extreme temperatures, which can adversely affect cattle health and milk production. Payouts are triggered when temperature and humidity surpass a predefined threshold. The claim settlement was conducted in collaboration with IBISA Network, Swiss Capacity Building Facility (SCBF), and the Association for Peoples Development Stream (APDS). During the event, 500 farmers from Chilmari, Shyamnagar, and Haluaghat upazilas of Mymensingh district ...