Sri Lanka - Govt. to provide compensation for weather-damaged crops through Agrarian Insurance Board

18.05.2026 27 views

Compensation for crop damage caused by the recent adverse weather conditions will be provided through the Agricultural and Agrarian Insurance Board, the Deputy Minister of Agriculture and Livestock, Namal Karunaratne has stated.

The Deputy Minister noted that information regarding the affected farmland is currently being collected and urged farmers to submit details of crop damage to the relevant officials.

He noted that reports had been received about cultivation lands damaged by the recent heavy rains and said instructions had already been issued through the Agricultural and Agrarian Insurance Board and other departments to report all damaged crops within two weeks.

According to the Deputy Minister, officials are currently engaged in gathering information from affected farmers, and compensation payments will be processed within a short period through the Agricultural and Agrarian Insurance Board once the necessary details are received.

He also appealed to farmers whose cultivation lands had been damaged to promptly provide their information through the relevant officials.

Meanwhile, the Chairman of the Agricultural and Agrarian Insurance Board, Pemasiri Jasingarachchi informed Ada Derana that steps would be taken to provide compensation swiftly based on the information submitted.

He further stated that officials would inspect the damaged cultivation lands and compensation would be determined according to the extent of the losses suffered by farmers.

 

Source - https://www.adaderana.lk

18.05.2026

USA - USDA Rolls Out Livestock Insurance Program Enhancements as Producer Premiums Top $1.7 Billion

The USDA’s Risk Management Agency (RMA) on Monday is announcing a sweeping package of updates to its three flagship livestock insurance products — Livestock Risk Protection (LRP), Livestock Gross Margin (LGM) and Dairy Revenue Protection (DRP) — beginning with the 2027 crop year. 

18.05.2026

Puerto Rico - Department of Agriculture recommends farmers seek insurance protection against hurricanes

More than 4,000 farmers applied for agricultural insurance ahead of hurricane season in Puerto Rico.

18.05.2026

Bangladesh - Sunamganj farmers face cattle feed crisis after haor crop loss

Farmers and cattle rearers in Sunamganj’s haor region are facing growing uncertainty over livestock feed following heavy rainfall that damaged paddy crops and disrupted straw collection, the main source of cattle fodder.

18.05.2026

From farm risk to value chain resilience: Food system benefits of agricultural insurance

The global landscape of agricultural risk has been changing dramatically. More frequent and intense climate and economic shocks have become the norm.

18.05.2026

Nepal - Rain inflicts crop damage worth Rs 460 million in Kavrepalanchowk

Recent heavy rainfall caused agricultural losses worth hundreds of millions of rupees in two local levels of Kavrepalanchowk district, according to official estimates.

14.05.2026

ASF outbreak deepens uncertainty for Bhutan’s pig farmers

The ministry urged farmers to immediately strengthen farm biosecurity by restricting visitors, preventing contact between domestic and wild pigs, and ensuring that any kitchen waste fed to pigs is boiled and cooked for at least 30 minutes.

14.05.2026

More focus on early detection of Nesidiocoris

In Northern Europe, the predatory bug Nesidiocoris tenuis, commonly referred to as Nesi, presents a growing challenge for tomato growers.

14.05.2026

South Africa - Five new farming risks reshape agricultural insurance

This includes combining traditional insurance with alternative instruments and broader risk tools