Canada - Snow puts another damper on 2019 harvest
29.10.2019 326 views2024 AgroInsurance International Conference: New Partners and Agenda updates
26.02.20242024 AgroInsurance International Conference will take place on June 3-5, 2024 in Belgrade, Serbia, at the Hyatt Regency Hotel. Planet Labs (USA) and GAF AG (Germany) are sponsors of our conference. Agremo (Serbia) has been confirmed as the Organization Partner. More partners and sponsors to be announced in March 2024.
Drought in Austria caused multimillion-dollar damage to agriculture
26.09.2024Agriculture in Austria is struggling with the effects of the severe drought in recent weeks and months. Due to the record number of hot days, the farmers are faced with arid fields. The damage to agriculture from the drought is estimated at 150 million euros.
Philippines - Over 53 trillion coco farmers get free insurance from PCIC
A total of 53,780 coconut farmers in Central Visayas have secured their livelihoods through free crop insurance under the Philippine Crop Insurance Corporation (PCIC) program this year. This insurance program was valued at P23 million in total premium subsidies, which provides crucial support to farmers without requiring them to pay for coverage.
India - No crop insurance cover in 7 districts of Haryana for third season in row
There is no Pradhan Mantri Fasal Bima Yojna (PMFBY) cover on cards for the third consecutive crop season in cluster 2 comprising Ambala, Karnal, Sonepat, Hisar, Jind, Mahendragarh and Gurugram districts. The reason: No insurance firm has come forward to implement the scheme in this cluster.
India - Virudhunagar farmers asked to pay crop insurance premium
Farmers in Virudhunagar district have been asked to pay the premium for crop insurance under the Prime minister Crop Insurance Scheme for the Karif season. The farmers could pay the premium through banks, Primary Agricultural Cooperative Societies or common service centres.
Philippines - Government support to government agencies drops to P91. Billion in August, National Irrigation Association and Crop Insurance lead recipients
The national government’s subsidies to state-owned and -controlled firms declined by 51.9 percent in August, according to a report released by the Bureau of the Treasury (BTr). The National Irrigation Administration and the Philippine Crop Insurance Corp. were the only billion-peso recipients during the month, receiving P5.6 billion and P1.9 billion, respectively.
Viet Nam - Agricultural insurance to be promoted
Agricultural insurance rates tend to be high in Vietnam due to the considerable risks posed by payout natural disasters and disease outbreaks. Reports indicate that payout rates can range from 70-90 per cent for significant losses, particularly in areas like rice, shrimp farming, and livestock. In some cases, annual loss ratios have surpassed 100 per cent, and in extreme cases even exceeded 200 per cent.
Rain-hit crops create triple whammy for French grain farmers
France, the European Union largest grain producer, has experienced particularly wet weather in the past year, including a month of continuous rain in October-November, the wettest spring ever and violent storms last month. The rainy weather and soggy fields delayed sowings and hurt crop development, so much so that the farm ministry estimates France will harvest its worst wheat crop since the 1980s, down 25% from last year.
Puerto Rico's Agriculture Insurance Program Fails to Address Storm Losses
Despite Puerto Rico agricultural sector having long complained that the Agricultural Insurance Corporation policies only cover losses from crops damaged by hurricanes and not by storms
Pakistan - Adamjee Ins introduces crop insurance solution for farmers
Pakistan insurance leader, Adamjee Insurance, unveils a groundbreaking crop insurance solution, Adamjee Zarai Tahafuz. This revolutionary project empowers farmers and strengthens the nation agricultural backbone.