Serbia - Farmers find lifelong assurance in Dunav Insurance

22.01.2024 554 views

In the thriving landscape of Serbian agriculture, recognition for top farmers reached new heights last year through the ‘Blic Top Farmer’ project, supported by the Ministry of Agriculture and the Serbian Chamber of Commerce.

Acknowledging the outstanding achievements in five categories, winners were rewarded with a substantial prize of seven million dinars. The significance of this endeavor, not only in promoting local farmers but also in fortifying their ongoing efforts, found a noteworthy ally in Dunav Insurance Company.

Jelena Tanasković, Minister of Agriculture, Forestry, and Water Management opened the prestigious ceremony by emphasizing the revolutionary strides made in Serbian agriculture. With digitalization, effective controls, and a threefold increase in the budget, the sector has witnessed unprecedented progress. Minister Tanasković also highlighted the state’s commitment to supporting farmers, reimbursing a significant portion of insurance costs, ranging from 40% to 70%, depending on the region. That’s where Dunav Insurance comes in. 

In a competitive field of four hundred applicants from across Serbia, the jury, which included Milo Marković from the Executive Board of Dunav Insurance Company, had the challenging task of identifying the most successful agricultural producers. During the award ceremony, Marković elucidated on the criteria used in the decision-making process, emphasizing the importance of insurance in agricultural production.

Marković stressed the significance of Dunav insurance in ensuring security and stability for farmers.

“What does insurance provide? It ensures security and stability. Dunav Insurance Company strives to meet the needs of its clients, particularly farmers. We offer a wide range of products. Besides standard coverage against hail, fire, and lightning, the most cautious can also secure additional covers against floods and storms. I intentionally emphasize storms because last year, we witnessed a supercell thunderstorm that caused significant damage to agriculture in the northern part of our country. Agricultural producers can find affordable insurance options to protect their production. All they need to do is contact our agents, who will visit them and tailor an offer that best suits their needs,” explained Marković. 

Notably, among the winners for fruit and vegetable production were farmers who entrust their agricultural production to Dunav Insurance. 

Slavoljub Nikolić from Despotovo and Vladan Novaković from Latvica shared their positive experiences, highlighting the comprehensive coverage and excellent service provided by Dunav Insurance.

“We’ve looked at different  insurance options, but Dunav Insurance has earned our complete trust,” said Novaković. “With around 10 acres of orchards growing plums, apples, blackberries, and raspberries, we’ve been insuring our entire production with Dunav since 2010. Honestly, we’ve got no complaints – quite the opposite. When we faced a total crop loss in 2022, Dunav won us over for life. That’s our decision, and we stand by it.”

Dunav Insurance Company, having forged strong bonds with these farmers, remains steadfast in supporting the continued development of the agriculture sector in the future.

Source - https://thepavlovictoday.com

28.04.2026

Philippines seeks 500 million USD for engineered bamboo development

The project is currently at the concept stage, with feasibility studies expected to take five to six months and overall preparation about a year. Implementation could begin in 2027, pending loan approval.

28.04.2026

Insurance compensation of 186,000 manats paid to tobacco farmers in Azerbaijan

To date, 186,000 manats of insurance compensation have been paid to farmers and farms in the tobacco industry in Azerbaijan.

28.04.2026

USA - Climate Disasters Are Straining Hawaii’s Insurance System

Frequent and costly disasters are driving up premiums and leaving many properties uninsured or underinsured. 

28.04.2026

Brazil - São Paulo releases R$400 million in rural credit in a record package for farmers, agricultural insurance, machinery, and land regularization

The package announced at Agrishow in Ribeirão Preto combines rural credit, agricultural insurance, land tenure regularization, mechanization, inclusion of women, innovation, and environmental actions, with R$ 455 million in investments aimed at strengthening São Paulo’s agribusiness.

28.04.2026

When will Moldovan authorities announce a call for applications for subsidizing agrarian insurance?

To date, the MAIA Ministry of Agriculture and Food Industry has not yet announced the start of the next stage of accepting applications for subsidies under agricultural risk insurance contracts concluded in the fall and winter period. While waiting for this announcement, some insurance companies are being "restrained" in the agricultural segment - they insure only livestock farms and perennial crop plantations of their regular customers.

28.04.2026

USA - USDA just doubled disaster payments, and gave farmers until August 12

SDRP disaster payment farmers 2026 just got a major upgrade. Agriculture Secretary Brooke Rollins announced on April 24 in Higginsville, Missouri that USDA is raising the Supplemental Disaster Relief Program payment factor from 35 percent to 70 percent. 

27.04.2026

India - Crop Ruined by Parrots is 'Damage by Wild Animals', says HC; Gives Relief

Holding that citizens cannot be forced to bear losses caused by protected wild animals, the Nagpur Bench of the Bombay High Court has ruled that denying compensation to a farmer merely because parrots were omitted from a government list would breach principles of equality. 

27.04.2026

The World Bank: Agri-risk management in Bulgaria

CAP has steered Bulgarian agriculture toward greater resilience, but the sector continues to suffer from an absence of a comprehensive risk management strategy and limited research on internal and external risks, the report concludes.