15.10.2025

Insurance payouts for cotton farms in Azerbaijan over past three years disclosed

The volume of insurance payments made for cotton fields in Azerbaijan has exceeded 2.5 million manat ($1.47 million) in the last three years. The Agricultural Insurance Fund insures nearly 25,000 hectares of cotton fields.

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

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).

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

France - Farmers devastated as extreme weather wipes out beloved crops

In a heartbreaking turn for farmers and food lovers alike, extreme storms in France's Tarn region have decimated this year's harvest of Lautrec pink garlic — a prized crop with protected status and deep cultural roots.

15.10.2025

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

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.

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

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

EVENTS
ANALYTICS SEE ALL

UNDP - Analysis of the crop insurance system in Uzbekistan

08.01.2025

Agricultural production has historically been one of the high-risk sub-sectors of Uzbekistan’s national economy because the conditions and results of production and economic activity of agricultural enterprises are highly dependent on random, primarily weather-related factors. In this regard, the development of an agricultural insurance system as an element of sustainable agricultural production is relevant. 

A Practical Method for Adjusting the Premium Rates in Crop-Hail Insurance with Short-Term Insurance Data

25.10.2022

The frequency of hailstorms is generally low in small geographic areas. In other words, it may be very likely that hailstorm occurrences will vary between neighboring locations within a short period of time. Besides, a newly launched insurance scheme lacks the data. It is, therefore, difficult to sustain a sound insurance program under these circumstances, with premium rates based on meteorological data without a complimentary adjustment process.

Malta - Vegetable production dropped 7% in 2018

18.10.2019

Last year, Malta’s local vegetable produce dropped by 7% when compared to the previous year. The total vegetables produced in tonnes amounted to 58,178, down by 7% when compared to 2017. Their value too diminished as the total produce was valued at €30 million, down by 13% over the previous year. The most significant drop was in potatoes, down by 27% over the previous year. Tomatoes and onions were the only vegetables to have increased in volume, by 3% and 4% respectively but their value diminished by 9% and 24% respectively. The figures were published by the National Statistics Office on the event of World Food Day 2019, which will be celebrated on Wednesday. Cauliflower, cabbage and lettuce produce dropped by 10%, 3%, and 12% respectively. In the realm of local fruit, a drop of produce was registered here too apart from strawberries, which experienced a whopping increase of 58% over 2017. Total fruit produced in 2018 amounted to 13,057 tonnes, down by 1% when compared to 2017. The total produce was valued at €10 million, a 3% increase in value. Peaches produced were down by 35% and the 376 tonnes of peaches cultivated amounted to €0.5 million in value. Orange produce dropped by 10% and lemon produce dropped by 14%. There was no change in the amount of grapes produced and the 3,642 tonnes of grapes produced in 2018 were valued at €2.3 million. 70% of fruit and vegetables consumed in Malta is imported. The drop in local produce could be the result of deleterious or unsuitable weather patterns. Source - https://www.freshplaza.com

USA - Greenhouse tomato production spans most states

07.10.2019

While Florida and California accounted for 76 percent of U.S. production of field-grown tomatoes in 2016, greenhouse production and use of other protected-culture technologies help extend the growing season and make production feasible in a wider variety of geographic locations. Some greenhouse production is clustered in traditional field-grown-tomato-producing States like California. However, high concentrations of greenhouses are also located in Nebraska, Minnesota, New York, and other States that are not traditional market leaders. Among the benefits that greenhouse tomato producers can realize are greater market access both in the off-season and in northern retail produce markets, better product consistency, and improved yields. These benefits make greenhouse tomato production an increasingly attractive alternative to field production despite higher production costs. In addition to domestic production, a significant share of U.S. consumption of greenhouse tomatoes is satisfied by imports. In 2004, U.S., Mexican, and Canadian growers each contributed about 300 million pounds of greenhouse tomatoes annually to the U.S. fresh tomato market. Since then, Mexico’s share of the greenhouse tomato market has grown sharply, accounting for almost 84 percent (1.8 billion pounds) of the greenhouse volume coming into the U.S. market. Source - https://www.freshplaza.com