Rural women’s work is concentrated in agriculture, which is the sector hardest hit by climate change. As part of a holistic approach to managing agricultural risk, insurance schemes can reduce producers’ vulnerability, strengthen their livelihoods and build their resilience. However, they are often designed and delivered without considering women’s needs, excluding female producers and restricting the growth of the insurance market.
Leading reinsurers Swiss Re and AXA XL Reinsurance, as well as the Georgian insurance company Aldagi will sponsor the organization of the 2020 AgroInsurance Conference, which is to take place in Tbilisi, Georgia on April 27-29, 2020. As part of the conference sponsorship and partnership programs, AgroInsurance is giving away a number of free tickets to representatives of insurance companies.
Congress required several changes to crop insurance as part of the 2018 Farm Bill and the Risk Management Agency has been rapidly working to get the new rules in place. That’s in addition to trying to help producers deal with extremely wet and damaging weather conditions in 2019, says RMA Administrator Martin Barbre.
As the hemp industry grows in popularity around the country, the USDA has introduced two programs to help protect hemp producers' crops from natural disasters The first insurance program through Multi-Peril Crop Insurance (MPCI) provides coverage against loss of yield because of insurable causes of loss for hemp grown for fiber, grain or Cannabidiol (CBD) oil.
The 5th International Conference "Agricultural Insurance, Reinsurance & Brokerage in CIS, Europe & Asia" will take place on April 27-29, 2020 in Tbilisi, Georgia, at the Biltmore Hotel. Early-bird registration is available through February 16, 2020. From February 17, 2020 standard registration for a full fee will apply.
In order to continue promoting agricultural insurance as the main tool for risks mitigation relating to climate change, the Ministry of Agriculture, Livestock and Food Supply of Brazil will discuss with the federal government the increase of the insurance program's budget to R$ 1.5 billion in the 2021 financial year.
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