Azerbaijan - Work is underway on a mechanism of microinsurance systems

26.06.2019 632 views
The collection of premiums in the insurance sector has improved after the establishment of the Financial Market Supervisory Authority (FIMSA). The statement has been made at a seminar for the media by the head of the FIMSA Insurance Activity Supervision Department Firdovsi Agashirinov. Touching the question of strengthening of the insurance control mechanism, Department’s head stated that FIMSA is taking serious steps in this direction. "In connection with the development of the insurance sector, a number of measures are being taken, and among them are development of agricultural insurance and the creation of a mechanism of agricultural insurance. In this regard, a model has already been defined, and the work of the Authority has been accelerated. Work is also underway on the creation of a mechanism of micro-insurance systems," said Agashirinov. Source - http://abc.az
15.06.2026

India - Satellite Surveys to Bridge Gap Between Farmers’ Losses & Crop Insurance Compensation: Shivraj Singh Chouhan

Union Minister of Agriculture and Farmers Welfare Shivraj Singh Chouhan has stated that in order to bridge the gap between the losses faced by farmers and the compensation they receive through crop insurance, these losses will now be surveyed using satellites. 

15.06.2026

Philippines - DA eyes regional fisheries hub in Northern Samar

The Department of Agriculture (DA) plans to establish a regional fisheries hub in Mapanas, Northern Samar, positioning the area as a potential growth center for Eastern Visayas’ tuna industry.

15.06.2026

India - Sugarcane crop destroyed by strong winds and rain Ishwar Singh Thakur demands immediate compensation for farmers

The cyclone and heavy rain that hit several villages in Bidar assembly constituency on Saturday night completely destroyed the sugarcane crop of farmers, causing a loss of lakhs of rupees. 

15.06.2026

Spain - Cantabria proposes to make Agroseguro more flexible in the face of the rise of new livestock diseases

The Minister of Rural Development of Cantabria, María Jesús Susinos, has defended the need to introduce greater flexibility in Agroseguro's coverage in the face of the increase in emerging diseases affecting livestock.

15.06.2026

Human-Wildlife Conflicts in Malaysia Cause RM58.7 Million in Losses Over Four Years

Human-wildlife conflicts in Malaysia have become an increasingly serious concern, with more than 76,000 complaints recorded nationwide and estimated losses reaching RM58.7 million over the past four years.

15.06.2026

Canada - Manitoba farmers stuck in crop damage limbo as fields remain flooded, crop insurance deadlines loom

Farmers in Manitoba’s Parkland and Interlake likely have fields flooded out, but with overland flooding still hanging on, assessing damage or filing crop insurance claims has been impossible.

14.06.2026

Zurich Australia partners with Crop Risk Underwriting

Zurich Australia has partnered with Crop Risk Underwriting (CRU), a specialist crop insurance underwriting agency and part of the 360 Group of Companies, to provide crop insurance in Australia from June 1, 2026.

14.06.2026

Fiji - Crop cover push: Scheme to help farmers recover faster, says Tunabuna

Over the past 10 years, natural disasters have wreaked havoc through farmlands costing Government more than $700million.