Canada - Hail-damage claims by Alberta farmers drop in 2017 as fewer severe storms hit province

05.12.2017 476 views

Farmers in Alberta were spared the dramatic and devastating hail storms seen in previous years, resulting in fewer claims for hail damage in 2017, two leading crop insurance groups said Monday.

According to the Canadian Crop Hail Association’s final report for the season, hail damage payments to Alberta farmers dropped 60 per cent this year compared to 2016.

Hail payments from the association dropped to $25 million in 2017 from $60 million in 2016 as storm frequency dipped down about 40 per cent from the five-year average and storm severity decreased by about 25 per cent.

Alberta’s Agriculture Financial Services Corp. paid about $160 million for slightly fewer than 3,000 hail-damage claims in 2017 compared to 2016, when there were 4,500 hail-damage claims worth $306 million.

Daniel Graham, manager of business risk management programs, said having a lighter year helps with the premium loss ratios for the fiscal year.

Farmers hoping that the decline in hail storms may lead to smaller premiums may be disappointed.

“Although it’s been light for one year, it won’t have a large impact on premiums over the long haul,” he said.

“But it’s been a good year when it comes to reduced claims for the 2017 crop.”

Source - http://edmontonjournal.com
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.

14.06.2026

Canada - Tornado warnings and hail put southeast Saskatchewan insurers on alert

A severe weather outbreak across 29 rural municipalities is set to drive a wave of home, auto and crop insurance claims.

14.06.2026

India - Maharashtra storms damage 18,121 hectares of bananas

Unseasonal rainfall, strong winds, and hailstorms have affected crops across more than 61,000 hectares in 27 districts of Maharashtra, India, with banana plantations accounting for a large share of the reported losses. 

14.06.2026

Colombia passes law to track cattle and keep deforestation-linked beef out of supply chains

Colombia has enacted a landmark law requiring the cattle industry to trace livestock and prove beef supply chains are free from deforestation, a measure environmental groups say makes it the first tropical forest country to adopt such a nationwide framework.

14.06.2026

Syngenta eyes deeper market expansion as Bangladesh agriculture embraces digital transformation

Company strengthens support for farmers through digital advisory platforms, crop insurance, mechanisation services, and climate-resilient agriculture initiatives.

04.06.2026

India - Delhi raises crop damage compensation after 10 years by over 50% to Rs 75,000 per hectare

In a major relief for farmers, the Delhi government has increased compensation for crop loss caused by rain and hailstorms from Rs 20,000 per acre to Rs 75,000 per hectare.

04.06.2026

Why Tech-Driven Agro-Insurance Has Stumbled in Ethiopia

For decades, Ethiopia’s agricultural sector has remained trapped in a dangerous paradox.