Agroinsurance

Nigeria - NIA inaugurates committees on agriculture, reinsurance

The DG urged members of both committees to contribute meaningfully towards strengthening technical standards.

Canada - Sask. Crop Report: Harvest plodding along due to rain

When conditions allowed it, harvest progress was made around Saskatchewan but it was still behind the five and ten year averages for this time of year.

South Africa - ‘We are not accepting defeat’: Satellite-triggered insurance gives maize farmers a lifeline against El Niño

With ElNiño concerns surrounding the upcoming grain production season, dryland maize farmers in Limpopo gathered to learn how weather index insurance from Santam can help protect them against the financial risks of erratic rainfall and drought.

Nigeria - Leadway Assurance, Oriyon unveil EEWYLA programme to expand opportunities for women, youth in livestock agribusiness

Oriyon International Limited, a livestock production and aggregation company focused on building structured and traceable livestock value chains, has partnered with Leadway Assurance, one of Nigeria’s leading insurance providers and a member of the Leadway Group, to launch the Economic Empowerment of Women and Youth in Livestock Agriculture (EEWYLA) training programme at the Ladoke Akintola University of Technology (LAUTECH), Ogbomoso, Oyo State.

Philippines - Bayambang declares state of calamity over P31-M agricultural losses

The municipal council of Bayambang has placed the town under a state of calamity after Tropical Storms “Luis” and “Maymay” and the enhanced southwest monsoon, or habagat, caused more than P31 million in agricultural losses.

USA - Lynndyl farmers assess crop losses after 100 mph winds and hail

Farmers in and around Lynndyl are beginning to assess severe losses after a powerful weekend storm ripped through fields with destructive winds and hail just as some crops were nearing harvest.

USA - New Insurance for Breeding Heifers

New LRP Coverage Aims to Reduce the Risk of Retaining Heifers for Breeding.

Corn's $6 Surprise Could Change the Profit Math for U.S. Farmers

Corn may already be worth more than the board suggests as farm payments and incentives add about 52¢ per bushel to producer revenue.

Philippines - Iloilo turns over P10M for farm, fishery insurance

The Iloilo provincial government has turned over P10 million to the state-owned Philippine Crop Insurance Corp. (PCIC) to expand insurance protection for farmers and fisherfolk vulnerable to losses from El Niño, La Niña, typhoons, pest infestations and other calamities.

India - AP sees 1,263% rise in non-loanee crop insurance

The State witnessed a remarkable 1,263% jump in non-loanee farmer registrations, with their participation rising from 2 lakh in the previous Kharif season to 25.26 lakh farmers this year.

Nearly 8,000 acres of crops damaged due to dry weather in Sri Lanka

Cabinet Spokesman and Minister of Health Dr. Nalinda Jayatissa said that the estimated crop damage caused so far by the prevailing extreme dry weather conditions is nearly 8,000 acres of farmland belonging to around 7,000 farmers.

Cyprus - Storm damage recorded in 183 homes as crop losses assessed

Damage to 183 homes, mainly in the Nicosia district, has been recorded following the severe weather that hit Cyprus last Saturday, the interior ministry said on Monday.

South Africa - Grain SA calls for affordable crop insurance as dry weather threatens Swartland wheat

Severe rainfall shortages threatening the Swartland wheat crop have highlighted the need for government support to make crop insurance affordable for dryland producers.

USA - Florida farms face nation’s highest disaster loss rate

Natural disasters destroy billions of dollars in U.S. agricultural production each year. From drought and wildfires in the West to hail in the Midwest and hurricanes in the Southeast, farms lose an average of $5.1 billion in crops and livestock annually, according to the Federal Emergency Management Agency.

Luxembourg small farmer struggles with effects of high temperatures on crops

High temperatures over the summer caused an increase of certain pests harmful to vegetables.