As part of the global review, FAO is conducting an online survey to collect information on the range of insurance products and services for fisheries and aquaculture offered worldwide, as well as the opportunities and challenges faced by the insurance industry supporting these sectors. The results will complement the global review study. FAO kindly requests your valuable assistance in the global review study through completing the online survey.
As part of the global review, FAO is conducting an online survey to collect information on the range of insurance products and services for fisheries and aquaculture offered worldwide, as well as the opportunities and challenges faced by the insurance industry supporting these sectors. The results will complement the global review study.
Earlier announced new tentative conference dates (October 5-7, 2020) remain effective. Conference premises are fully suited for maintaining the required social distancing between the participants, as well as necessary disinfection measures applied by the hotel and dining locations. The next conference update is expected on July 20, 2020, following the opening of the international travel by Georgia, the European Union and Asian countries.
On June 9, 2020, AgroInsurance International and Skyglyph hosted a webinar “Drones: Technology enhancing agricultural insurance”. The webinar touched upon the use of remote sensing technologies with an accent on drones applied for crop insurance purposes. More than 60 online participants from 25 countries joined the webinar and contributed to the discussion by asking specific technical questions adding more insights from the customers on technical aspects of drones’ use.
The Department of Agriculture (DA) has tapped Swiss firm Satsure AG to improve its crop insurance program by using satellite technology to fast-track monitoring and delivery of indemnification to disaster-hit farmers. The DA said it has signed a memorandum of agreement with Satsure AG through the Planters Products Inc. last June 8 “to provide better crop insurance in the country.”
Telangana and Jharkhand have opted out of the crop insurance scheme, saying the premium is too high. Premium increased 2-3% after the scheme was made voluntary for farmers. More than 6 million farmers from these two states had enrolled for the scheme. West Bengal, Bihar, Punjab and Andhra Pradesh have already exited, and officials said Rajasthan and Maharashtra were debating whether to continue with the scheme.
Farmers in as many as eight districts in Maharashtra may not be able to insure their crops under the PM Fasal Bima Yojana (PMFBY) scheme in the forthcoming kharif season as no insurance firm came forward to bid for three clusters in the State. The last day for bidding for 12 clusters – each cluster has between one and four districts – was last Wednesday (May 20), and there were no takers for three clusters, and two others had just one bidder each, according to sources in the know of things.
The Thai Cabinet has approved a maize insurance project estimated to cost THB313.98m ($9.8m) that would cover a target area of 3m rai (480,000ha), to mitigate the effects of natural disasters. The Cabinet has assigned the Office of Insurance Commission (OIC) to oversee the maize insurance policy in accordance with its resolution.
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