NEWS
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News
21.05.2026

India - ₹247 crore released to provide UP farmers’ crop insurance

UP govt approved Rs 450 crore subsidy as part of the National Crop Insurance Programme (NCIP), a crucial protective measure for farmers amid instances of crop damage caused by inclement weather.

21.05.2026

Philippines - Pioneer sees growing demand for ‘sachet-style’ insurance

Pioneer Group of Companies sees rising demand for “sachet-style” insurance products as climate-related risks heighten vulnerabilities among low-income communities in the Philippines.

21.05.2026

Foreign Investors Target Nigerian Insurance Firms Ahead of Recapitalisation Deadline

Foreign investors are increasingly seeking majority stakes in Nigerian insurance companies ahead of the sector’s recapitalisation deadline, reflecting growing confidence in the industry’s long-term growth prospects and expected market consolidation.

21.05.2026

Flood damage adds new pressure on South Africa’s agriculture sector

South Africa’s agriculture sector is facing mounting pressure from recent floods in the Western Cape and other parts of the country, even as prospects for strong harvests in several subsectors remain positive, according to the Agricultural Business Chamber of South Africa (Agbiz).

21.05.2026

Philippines - Capisnon farmers receive indemnity checks from PCIC, boosting agricultural recovery efforts

A total of 384 farmers from the municipalities of Dao, Cuartero, and Dumarao received indemnity checks from the Philippine Crop Insurance Corporation during a distribution event held on May 19, at the Cuartero Civic Center.

21.05.2026

USA - San Joaquin cherry crop hit by heat and rain damage

Cherry growers across California are reporting major crop losses following early-season heat and rain events that affected fruit set, quality, and harvest conditions during the 2026 season.

20.05.2026

Georgian spring frosts damage seasonal fruit crops

April frosts have seriously damaged seasonal fruit crops in Georgia, according to agronomist and farmer Akaki Glonti, who commented on the situation amid continuing price growth.

20.05.2026

USA - USDA Announces Updates to Livestock and Dairy Insurance Programs

Changes to several Risk Management Agency programs are set to begin with the 2027 crop year.

20.05.2026

Philippines - Bong Go pushes heat safety measures ahead of possible Super El Niño

Sen.Bong Gocalled for stronger heat-health protocols, workplace safety measures, and crop insurance protection as the country prepares for a possible Super El Niño that could worsen droughts, trigger water shortages, and disrupt agriculture and public health.

20.05.2026

USA - New Jersey declares State of Emergency and seeks Disaster designation after April freeze causes USD 300 million in crop losses

New Jersey declared a State of Emergency on May 20, 2026, and requested a federal Disaster designation after freezing temperatures between April 19 and 22 caused widespread agricultural damage across the state during a critical growing stage.

20.05.2026

Bhutan’s ageing rural population struggle with chain-link fencing expansion

At Nu 1.5 million per kilometre, the government is spending heavily on chain-link fencing to curb human-wildlife conflict. But with standard fences failing and costs rising, is this really a sustainable solution or just a costly way of masking a deeper ecological problem?

20.05.2026

India - Climate stress hits Bihar’s litchi crop as Muzaffarpur farmers report losses of up to 70%

Scientists say unusual weather between November 2025 and April 2026 affected flowering, fruit setting and fruit drop, leaving many Bihar orchards with only 30% to 40% of the usual crop.

18.05.2026

USA - USDA Rolls Out Livestock Insurance Program Enhancements as Producer Premiums Top $1.7 Billion

The USDA’s Risk Management Agency (RMA) on Monday is announcing a sweeping package of updates to its three flagship livestock insurance products — Livestock Risk Protection (LRP), Livestock Gross Margin (LGM) and Dairy Revenue Protection (DRP) — beginning with the 2027 crop year.

18.05.2026

From farm risk to value chain resilience: Food system benefits of agricultural insurance

The global landscape of agricultural risk has been changing dramatically. More frequent and intense climate and economic shocks have become the norm.

18.05.2026

Sri Lanka - Govt. to provide compensation for weather-damaged crops through Agrarian Insurance Board

Compensation for crop damage caused by the recent adverse weather conditions will be provided through the Agricultural and Agrarian Insurance Board, the Deputy Minister of Agriculture and Livestock, Namal Karunaratne has stated.

18.05.2026

Nepal - Rain inflicts crop damage worth Rs 460 million in Kavrepalanchowk

Recent heavy rainfall caused agricultural losses worth hundreds of millions of rupees in two local levels of Kavrepalanchowk district, according to official estimates.

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