NEWS
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News
21.10.2025

Uzbekistan Launches National Project to Insure Horticultural Farmers with Support from International Partners

Representatives of the Ministry of Agriculture of Uzbekistan held a working meeting with members of the Insurance Development Forum (IDF) to discuss the implementation stages and prospects of the project “Agricultural Insurance for Horticultural Farmers in Uzbekistan.”

21.10.2025

Low awareness, product gaps limit livestock insurance coverage in India

Livestock insurance remains an underutilised safety net for India’s rural households, despite its potential to protect millions of small and marginal farmers from unexpected losses. Limited awareness, low customisation, and rising climate risks continue to expose rural livelihoods to shocks.

21.10.2025

Ethiopia - Pastoralists in Borana say livestock insurance failed them after drought losses

The pastoralist communities who purchased livestock insurance to safeguard their herds despite making payments have not received compensation for losses, saying, “The insurance we bought has not paid us.” Zonal and Oromia officials, however, maintain that payouts were implemented.

21.10.2025

USDA announces changes to livestock insurance programs for 2026, subsequent years

The U.S. Department of Agriculture’sRisk Management Agency approved changes to improve insurance coverage for American livestock producers. These updates will take effect for theLivestock Risk Protection, Livestock Gross Margin, and Dairy Revenue Protection insurance programs beginning with the 2026 crop year.

21.10.2025

Turkey - Farmers issue warning as staple crops become increasingly difficult to grow

Farmers across Turkey are warning that extreme weather events are pushing their crops and livelihoods to the brink. A series of devastating frosts, hailstorms, and record-breaking heatwaves has wiped out major portions of the country's citrus, apricot, and hazelnut harvests, threatening not just local incomes but global food supplies.

21.10.2025

Pakistan floods devastate crops, farmers warn of ‘billions’ in losses’

Heavy monsoon rains and excess water released by Indian dams have caused catastrophic floods in Punjab since last week. According to the Provincial Disaster Management Authority (PDMA), at least 41 people have been killed by the deluges in the last 10 days while over two million have been affected by the floods.

20.10.2025

Serbia fruit harvest drops after frost and drought

Frosts and droughts have caused severe damage to fruit and vegetable crops in Serbia this year, raising concerns for growers and traders. Farmers are requesting government support to help recover from losses

20.10.2025

Armenia - Hail in Ararat Province Damages Crops in 20 Villages

The hail that hit Ararat Province yesterday damaged crops in about 20 villages. A special commission has been created in connection with the consequences of the hail that hit Ararat Province. The main damage was caused to 7-8 villages, but overall damage was recorded in about 20 villages.

20.10.2025

Agricultural insurance boosts China’s farm output by 8.99%

Agricultural insurance has helped boost China's agricultural economy, with each one-unit increase in insurance contribution linked to an 8.99% rise in agricultural development. The impact is especially strong in China’s eastern provinces.

20.10.2025

India - NIDM explores GIS, AI for disaster risk assessment, crop insurance

The National Institute of Disaster Management (NIDM) is exploring the use of GIS, artificial intelligence (AI), and machine learning for improving disaster risk assessment and crop insurance

20.10.2025

South Africa - New area-yield index insurance helps farmers tackle climate risks

Land Bank Insurance Company has expanded its pilot “index insurance” product with the introduction of Area-Yield Index Insurance (AYII), designed to help farmers manage financial losses caused by large-scale climatic and environmental risks.

20.10.2025

Ethiopia - Agricultural Insurance Consortium aims to protect 3 million farmers by 2026

In a landmark move to strengthen the resilience of Ethiopian agriculture, the Ethiopian Agricultural Insurance Consortium (AICE) was officially launched, pledging to extend insurance coverage to 3 million smallholder farmers by 2026. This initiative aims to shield farmers from climate-related risks and foster a more investment-friendly agricultural sector.

20.10.2025

Egypt - farmers harvest wheat amid lure of more profit from other crops

Government offers premium prices for staple of the national diet, but the private sector does the same for crops such as potatoes

20.10.2025

Romania - Agra Asigurari launches the 2025-2026 agricultural season with solutions for unpredictable climate

Agra Asigurari, the national leader in agricultural insurance, is launching the new sales season for the 2025-2026 farming year. The announcement comes at a challenging time for Romanian farmers, marked by the intensification of extreme weather events, which are affecting crops earlier and earlier, causing considerable losses for farmers.

19.10.2025

Philippine agriculture chief urges P8 billion boost in crop insurance funds

The government’s current subsidy for the Philippine Crop Insurance Corporation (PCIC) is not keeping up with farmers’ needs. While 2.3 million farmers are presently covered – including 1.25 million rice producers – the existing P4.5 billion allocation limits coverage to a maximum of P20,000 per hectare, only a third of the estimated P60,000 cost of rice production.

19.10.2025

Nepal - Insurance Authority conducts interaction on agriculture, livestock and herbs insurance

The Insurance Authority of Nepal (BEE) has organized a discussion and interaction program with the representatives of the insurance companies on agriculture, livestock and medicinal herbs insurance. The programme was held at the central office of NRA, Kupandole, Lalitpur.

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