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

05.12.2017 704 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
08.11.2026

Tanzania Secures $997,000 AfDB Grant to Expand Climate Insurance for Farmers

The project, titled “Bridging the Agricultural Risk Protection Gap to Scale Climate Smart Insurance,” is expected to benefit 300,000 farmers across 15 regions of Tanzania.

08.11.2026

India - Pune’s Crop Insurance Test Begins as Drought Cuts Kharif Yields

Pune’s crop insurance system is now facing a significant test after crop-cutting experiments recorded a 20-22% decline in soybean productivity and a 15% fall in maize production during a drought-affected kharif season. 

08.11.2026

Australia - Severe weather thwarts Victorian farmers ahead of bumper harvest

A hailstorm that smashed parts of Victoria's Mallee this week has devastated thousands of hectares of wheat, barley, lentils, canola and other cereal crops.

08.11.2026

Sudan fuel shortages damage crops in El Gezira as food prices soar, bakeries strike in North Kordofan

Fuel shortages and soaring production costs are damaging agricultural crops in Sudan’s El Gezira state, while rising food and transport prices are placing further pressure on household budgets.

08.11.2026

USA - Farm Banks Warn $140 Billion in Government Aid Is Masking Financial Risks

Agricultural lenders warn that $140 billion in emergency farm aid since 2018 may be masking financial risks as producers face rising costs.

08.11.2026

India - Yogi Government Doubles Disaster Death Compensation; Farm Aid Up by a Quarter

The Chief Minister’s Office says the revised norms will reach more than 10 lakh farmers, with higher payouts for crops, cattle, silk, homes and schools.

05.11.2026

Sudan asks insurance companies to fund winter agricultural season

The Sudanese government has urged insurance companies to use deposit surpluses and investments to finance the 2026-2027 winter agricultural season.

05.11.2026

Canada - Saskatchewan harvest now 99% complete: crop report

Harvest has wrapped up across Saskatchewan, with 99 per cent complete and only a few acres of later-seeded crops remaining in the field. Despite the challenges experienced this year, crop yields were consistent with 10-year averages and while many crops graded in the top-quality categories, some downgrading did occur due to late-season rain and pest activity.