This document provides an overview of the actual impact caused by COVID-19 pandemics to agricultural insurance markets in 29 countries. It is based on the survey conducted by AgroInsurance International in July 2020 – February 2021. Survey questionnaire responses were complemented with the personal communication notes and analysis of industry-related public sources.
The two EO companies GeoVille and VITO together with the champion users from the agro-insurance sector are working closely together to find out more about the needs and challenges of the agro-insurance’s sector and how these might be addressed with the current and future EO capabilities. The results of these discussions will be presented during the workshop which will take place virtually on April 28 and 29, 2021.
Join the global agriculture (re)insurance community on Wednesday, March 10, 2021, at 10:30 am (CET) for a summary webinar dedicated to presentation of COVID-19 Survey results. COVID-19 Survey was conducted by AgroInsurance International in 2020-2021. The aim of this survey was to assess the actual impact caused by COVID-19 pandemics to agricultural insurance industry.
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?
News Publications Documents
agribusiness_insurance Agricultural insurance Analitics Australia Canada Canada crop insurance crop loss crop losses damage disease drought farmers flood frost Hail India losses News pest pests Philippines rain Russia Spain Ukraine USA USA АЧС Господдержка Казахстан Страхование урожая животноводство засуха кукуруза метеообзор озимые потеря урожая пшеница свиноводство состояние посевов соя страхование субсидии урожай