AgroInsurance and VanderSat partnered up to conduct a global drought insurance survey to develop a better understanding of the current situation and the upcoming trends in the drought insurance market. We collected around 89 fully completed surveys, from all over the world, covering all major actors in the insurance value chain.
The global trend of new confirmed COVID-19 cases has not changed significantly for the last 6 months, continuously increasing the number of daily cases worldwide. Most countries still experience local outbreaks with limitations and local lockdowns imposed. AgroInsurance International takes the responsibility for the safety and health of our partners and conference participants. Thus, AgroInsurance team took the leadership and re-negotiated the Conference dates for October 4-6, 2021.
The State government has revamped the crop insurance scheme with an objective to cover more farmers and see that there is no financial burden on the farmers to pay the premium. Today, in view of the losses due to heavy rains in the last few months, crop insurance has become a necessity and the government’s reforms are expected to be of great help to the farming community.
Traditionally, claim estimates in crop insurance involve travel, farm visits, joint inspections, and closer interaction with the farmer. But now, with strict health and safety measures in place, these activities are limited. So, what happens when a loss adjuster is unable to visit a farm to verify a claim?
AgroInsurance International, in partnership with Skyglyph, Planet and Swiss Re, hosted a joint webinar dedicated to forestry insurance and use of modern technologies for risk portfolio monitoring. More than 70 participants from 27 countries joined the webinar, contributing to the discussion by asking specific questions on technical aspects of forestry insurance.
The objective of the policy note is to identify the opportunities in the improvement of the agricultural insurance system through policy and program reform. In particular, the note focuses on: (i) the strengthening of the existing legal and regulatory framework, (ii) the institutional and operational framework, and (iii) the improvement of existing government funded programs.
Agricultural insurance in Asian countries operates in the form of public schemes or public–private partnerships (PPPs). In other countries outside Asia, e.g., Australia and South Africa, agricultural insurance is operated as a purely private system. In Asia, governments subsidize insurance premiums and provide regulatory support, sometimes with coverage of catastrophic losses. Best-practice examples of public schemes are observed in Japan and the Philippines, and those of PPP in Turkey.
Join us on Wednesday, October 28, 2020 at 09:00 am (CET) for a webinar dedicated to forestry insurance. Ian Shynkarenko, CEO of Agroinsurance International, will moderate the event with participating speakers: Roman Shynkarenko (Agroinsurance International), Victor Yermak (Skyglyph), Erik Zillmann (Planet) and Peter Welten (Swiss Re).
The damage from drought worldwide increased to over €20 billion in 2019, while less than €2 billion was covered by insurance. Farmers and governments are now demanding insurance, while the industry is looking for the best ways to provide this. Do you want to understand this market opportunity better? Your input for this survey will be treated strictly confidential and the results shared with you in a personal meeting or via email.
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Agricultural insurance Analitics Australia Canada Canada crop crop insurance crop loss crop losses damage disease drought farmers flood frost Hail India losses News pest Philippines rain Russia Spain Ukraine USA USA АЧС Господдержка Казахстан Молдова Страхование урожая животноводство засуха кукуруза метеообзор озимые потеря урожая почвенная засуха пшеница свиноводство состояние посевов страхование субсидии урожай