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UN's World Food Program Insures against Ethiopia Famine with AXA Re

International News • March 9, 2006
The insurance industry has become a participant in a new and unusual initiative sponsored by the United Nations World Food Program, which aims to have funds available to meet the needs of disaster ...

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Subject: Josephs Insurance Against Famine in Egypt

Posted On: March 9, 2006, 5:56 pm CST
Posted By: Mario Shaffer
Comment:
This is wonderful news! What a way to change the future of the farmers in Ethiopia. It guarantees some security in the farming industry. Why didn't Lloyds of London insure success in the past. The French have done it again. This appears to be be innovative, but similar insurance plans were recorded in Jewish History

This insurance program is like Pharaohs's dream interpreted by Joseph in the Book of Genesis. The Egyptian farmers were told to put pay an insurance premium of 1/5 to Joseph's store house. This saved Egypt from the famine.
Subject Posted By Posted On
Josephs Insurance Against Famine in Egypt Mario Shaffer
Mar 9, 2006, 5:56 pm
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