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

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

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.

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

Asia-Pacific leads livestock insurance market with 39.7% share

Asia-Pacific dominated the global livestock insurance market with a 39.7% share in 2024. Globally, the market is projected to grow from $4.5b in 2025 to $8.5b by 2034, posting a CAGR of 7.4%, according to recent industry data. The market was valued at $4.2b in 2024.

19.10.2025

India - Crop Insurance Scam: Rs 122 Cr Fraud in Rajasthan

A massive crop insurance scam worth around Rs 122 crore has been uncovered under the Pradhan Mantri Fasal Bima Yojana (PMFBY) after it was found that claims of over 1.7 lakh farmers were shown as "zero" despite crop damage.

19.10.2025

Africa Re launches Index-Based Livestock Insurance product in Nigeria

Africa Re, in collaboration with the Livestock Productivity and Resilience Support Project (L-PRES), a consortium of insurance providers, and development partners, has launched an Index-Based Livestock Insurance (IBLI) product in Nigeria.

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.

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

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

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

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.

19.10.2025

India - ₹656.62 cr. crop insurance claims released for farmers in Kalaburagi, Karnataka

Rural Development and Panchayat Raj Minister Priyank Kharge has said that the State government has released ₹656.62 crore crop insurance claims for crops damaged during 2024-25 kharif season in Kalaburagi district.

19.10.2025

Canada - Good time to consider government support for private crop insurance

Farmers and their organizations regularly call for improvements in business risk management programs, the farm safety nets that include AgriInsurance (crop insurance) and AgriStability. One way to do that may be allowing government support for private insurance products.

19.10.2025

Freedom Holding Corp. Offers Advanced Crop Insurance In Kazakhstan

Freedom Insurance, part of the Freedom Holding Corp., has launched an AI-powered crop insurance product that helps farmers protect their harvests from extreme weather conditions.

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.

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