Prawn farming as it currently stands is self insured……not for the faint hearted.

Insurance companies should stick to their strategies but don’t expect the industry to turn from being a high risk high reward industries to be involved in – not for the faint hearted the industry tends to be sufficiently successful (global Trade figures) and staying basically being self insured – no requirement for controls proposed.

Nothing is that quantifiable (yet!) in nutrient rich shrimp culture water.

The subject of insurance in shrimp farming was broached decades ago – and discarded. The shrimp industry, the most valuable species within aquaculture measured by global revenue, is effectively uninsurable because of dubious farming methods and high levels of disease.