Armenia looks at Turkish experience with crop insurance
Armenia is now considering two models — the world’s two best examples are the Spanish Agroseguro model and the Turkish TARSIM model, which in fact was largely inspired by the Spanish one.
15.10.2025
15.10.2025
HUB launches livestock insurance program in Canada
Hub International Limited (HUB) has introduced a new livestock insurance program in Canada, expanding its agribusiness portfolio with tailored coverage for farm animal risks.
15.10.2025
Chestnuts: mixed crop in Italy
In Europe, the climate crisis is a key issue for chestnuts. Much depends on size in Italy. In 2024, the country’s exports hit a record.
15.10.2025
Is the wine industry a new broker opportunity?
The French wine industry, the most lucrative in the world, is supported by numerous insurance brokers that specialise in risk managing and providing coverages for wineries and vineyards.
15.10.2025
Philippines - Reforms in crop insurance and government lending programs will ensure “long-term stability in the agriculture sector.”
House Speaker Faustino “Bojie” Dy III tells the agricultural sector that the chamber under his leadership will back a better crop insurance system, aside from the provision of zero-interest loans for farmers.
15.10.2025
Spain counts the cost of 'nightmare' wildfire summer
This August has been a nightmare for the local farmers. It ended up burning more than 20,000 hectares (49,000 acres) of land and causing thousands of people to be evacuated from villages in this farming-heavy corner of north-western Spain, near the Portuguese border.
14.10.2025
Azerbaijan moves forward with first insurance payouts in tobacco sector damages
The Azerbaijan Agricultural Insurance Fund has made insurance payouts for damages to tobacco fields for the first time. Hail and flooding affected approximately 130 hectares of insured crops. Following farmers' claims, independent agricultural insurance experts were sent to the farms to assess the damage.
13.10.2025
Philippines - Government urges parliament to approve doubling the crop insurance subsidy
Philippines Congress is likely to consider a request from the government to double the crop insurance subsidy it pays to the country's farmers to PHP8bn in 2026 so that it covers up to 4.2m farmers. According to a news report on the news portal https://bilyonaryo.com most of these farmers are rice growers.
13.10.2025
Crop weather index insurance market to hit $3.3b by 2029
The global crop weather index insurance market is expected to grow from $1.81b in 2024 to $2.04b in 2025, reflecting a compound annual growth rate (CAGR) of 13%
13.10.2025
Turkish lemon farmers face 40% crop losses
Like many other Mediterranean countries, Türkiye has faced a rising number of extreme weather events in recent years, driven by accelerating global warming. Rural farming communities are bearing the brunt of these changes.
13.10.2025
Vietnam needs to update its insurance products to reach farmers
Insurance products must become more integrated into people’s daily lives. The responsibility of insurance companies is to serve as a shield for their customers, especially farmers who are among the most vulnerable groups.
13.10.2025
Crop insurance based on weather stations and satellites is gaining ground globally
More and more growers and chain parties are using 'parametric climate insurance' instead of conventional weather insurance. This form of insurance is also gaining ground in Europe
13.10.2025
Severe frost damages crops across 36 Turkish provinces
Between April 9 and 13, Turkey witnessed an agricultural event characterized by one of the most severe frost occurrences in recent history, affecting 36 provinces. This resulted in substantial damage to agricultural production, valued at approximately 21 billion Turkish lira (about $1.14 billion).
13.10.2025
EU should expand farm insurance as climate risk grows
The European Union should do more to help farmers manage the growing risks posed by climate change by expanding insurance coverage. The EU agriculture sector could see annual losses jump by as much as two-thirds by 2050 due to the increasing risk of drought and floods
13.10.2025
Armenian government will partially compensate farmers for hail damage
The Armenian government resolved to provide partial compensation to farmers for hail damage occurring in 2024-2025. In 2024, hail caused damage to 13,000 hectares, and in 2025, over 11,800 hectares were affected. Insurance companies are reluctant to enter into contracts, despite the government subsidizing insurance by 70-80% in 2025
09.10.2025
Abundant supplies and improved livestock sectors boosting Canadian feed demand
Different regions across Canada experienced a mix of growing and weather conditions, which affected crop and forage production in various ways this year.