Agriculture

India general insurers’ claim settlement slips in FY2025 as agri backlog weighs on sector

February 9 2026

Nearly one in three reported claims remained pending at the end of FY2025, with standalone health insurers outperforming general insurers on claim settlement ratios and speed.

Philippines scales up crop insurance as climate risks intensify

PCIC secures record budget to widen Philippines' crop insurance in 2026

January 27 2026

The expanded programme will raise coverage limits for rice, corn, and coconut farmers while increasing the number of insured producers.

celsiuspro-ecom-to-develop-parametric-insurance-to-boost-indonesian-coffee-farmers-climate-resilience

CelsiusPro, ECOM to develop parametric insurance for Indonesian coffee farmers

January 19 2026

The partnership aims to shield Indonesian coffee farmers from climate and natural catastrophe risks through a consumer-funded insurance model.

mid-january-global-nat-cats-drive-hundreds-of-millions-of-usd-in-economic-losses-australia-emerging-among-costliest-contributors-aon

January's Victoria bushfires to drive hundreds of millions of USD in economic losses — Aon

January 16 2026

The bushfires have had a significant agricultural impact and have been classified as an 'insurance catastrophe' by the Insurance Council of Australia.

global-parametrics-frontier-markets-launch-parametric-insurance-for-rural-women-farmers-in-india-amid-rabi-cropping-season

Global Parametrics, Frontier Markets, Go Digit, and Howden partner on insurance for rural women farmers in India

January 16 2026

The initiative is backed by funding from the Natural Disaster Fund, with premium subsidy support from Humanity Insured.

CPIC completes China's first payout for seed production insurance

January 5 2026

The insurer’s new product aims to address risks faced by seed breeders, using rice kernel rate as its payout trigger.

taiwan-to-enforce-cattle-insurance-in-2026-january

Taiwan to introduce mandatory dairy cattle insurance from 1 January 2026

November 17 2025

Farmers whose insured cattle are culled may receive NT$30,000 as compensation for the first cow, and NT$17,000 for each additional animal.

Philippines launches first parametric insurance pilot for small-scale fishers

November 12 2025

The pilot, developed in a partnership between PCIC, BFAR, Willis, and Rare, will cover 14,200 fishers in 24 coastal municipalities.

Groupama SDIG combined ratio improves to 93.3% in 1H25 on stronger agricultural margins: Fitch

October 16 2025

Fitch maintained Groupama SDIG’s rating, citing a strong capital buffer and continued growth in China’s non-life market.

360 Underwriting expands into crop insurance with CRU acquisition

October 16 2025

The acquisition is part of the group's target of reaching broader coverage options for regional brokers and agricultural clients.

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