NEWS
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News
20.10.2025

Egypt - farmers harvest wheat amid lure of more profit from other crops

Government offers premium prices for staple of the national diet, but the private sector does the same for crops such as potatoes

20.10.2025

Romania - Agra Asigurari launches the 2025-2026 agricultural season with solutions for unpredictable climate

Agra Asigurari, the national leader in agricultural insurance, is launching the new sales season for the 2025-2026 farming year. The announcement comes at a challenging time for Romanian farmers, marked by the intensification of extreme weather events, which are affecting crops earlier and earlier, causing considerable losses for farmers.

19.10.2025

Philippine agriculture chief urges P8 billion boost in crop insurance funds

The government’s current subsidy for the Philippine Crop Insurance Corporation (PCIC) is not keeping up with farmers’ needs. While 2.3 million farmers are presently covered – including 1.25 million rice producers – the existing P4.5 billion allocation limits coverage to a maximum of P20,000 per hectare, only a third of the estimated P60,000 cost of rice production.

19.10.2025

Nepal - Insurance Authority conducts interaction on agriculture, livestock and herbs insurance

The Insurance Authority of Nepal (BEE) has organized a discussion and interaction program with the representatives of the insurance companies on agriculture, livestock and medicinal herbs insurance. The programme was held at the central office of NRA, Kupandole, Lalitpur.

19.10.2025

Asia-Pacific leads livestock insurance market with 39.7% share

Asia-Pacific dominated the global livestock insurance market with a 39.7% share in 2024. Globally, the market is projected to grow from $4.5b in 2025 to $8.5b by 2034, posting a CAGR of 7.4%, according to recent industry data. The market was valued at $4.2b in 2024.

19.10.2025

India - Crop Insurance Scam: Rs 122 Cr Fraud in Rajasthan

A massive crop insurance scam worth around Rs 122 crore has been uncovered under the Pradhan Mantri Fasal Bima Yojana (PMFBY) after it was found that claims of over 1.7 lakh farmers were shown as "zero" despite crop damage.

19.10.2025

Africa Re launches Index-Based Livestock Insurance product in Nigeria

Africa Re, in collaboration with the Livestock Productivity and Resilience Support Project (L-PRES), a consortium of insurance providers, and development partners, has launched an Index-Based Livestock Insurance (IBLI) product in Nigeria.

19.10.2025

India - ₹656.62 cr. crop insurance claims released for farmers in Kalaburagi, Karnataka

Rural Development and Panchayat Raj Minister Priyank Kharge has said that the State government has released ₹656.62 crore crop insurance claims for crops damaged during 2024-25 kharif season in Kalaburagi district.

19.10.2025

Canada - Good time to consider government support for private crop insurance

Farmers and their organizations regularly call for improvements in business risk management programs, the farm safety nets that include AgriInsurance (crop insurance) and AgriStability. One way to do that may be allowing government support for private insurance products.

19.10.2025

Freedom Holding Corp. Offers Advanced Crop Insurance In Kazakhstan

Freedom Insurance, part of the Freedom Holding Corp., has launched an AI-powered crop insurance product that helps farmers protect their harvests from extreme weather conditions.

15.10.2025

Insurance payouts for cotton farms in Azerbaijan over past three years disclosed

The volume of insurance payments made for cotton fields in Azerbaijan has exceeded 2.5 million manat ($1.47 million) in the last three years. The Agricultural Insurance Fund insures nearly 25,000 hectares of cotton fields.

15.10.2025

France - Farmers devastated as extreme weather wipes out beloved crops

In a heartbreaking turn for farmers and food lovers alike, extreme storms in France's Tarn region have decimated this year's harvest of Lautrec pink garlic — a prized crop with protected status and deep cultural roots.

15.10.2025

Armenia looks at Turkish experience with crop insurance

Armenia is now considering two models — the world’s two best examples are the Spanish Agroseguro model and the Turkish TARSIM model, which in fact was largely inspired by the Spanish one.

15.10.2025

HUB launches livestock insurance program in Canada

Hub International Limited (HUB) has introduced a new livestock insurance program in Canada, expanding its agribusiness portfolio with tailored coverage for farm animal risks.

15.10.2025

Chestnuts: mixed crop in Italy

In Europe, the climate crisis is a key issue for chestnuts. Much depends on size in Italy. In 2024, the country’s exports hit a record.

15.10.2025

Is the wine industry a new broker opportunity?

The French wine industry, the most lucrative in the world, is supported by numerous insurance brokers that specialise in risk managing and providing coverages for wineries and vineyards.

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