PCIC

A vast rice paddy field with young plants and water channels.

Philippine crop insurer sets aside US$3m for weather-related claims

September 8 2026

Rice-related claims make up the bulk of the payouts at PHP132.9m (US$2.12m), ahead of high-value crops and corn.

pcic-germany-aid-agency-launch-pilot-mangrove-insurance-in-climate-vulnerable-eastern-visayas

PCIC, Germany aid agency to pilot mangrove parametric insurance solution

March 12 2026

The pilot will first run in the Philippines' Northern Samar and Southern Leyte regions.

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.

pcic-urged-to-modernise-operations-update-practices-and-engage-with-reinsurers

PCIC pressed to modernise operations, update practices, and engage with reinsurers

July 17 2024

Department of Agriculture's call for change echoes recent World Bank report which highlights Philippines' vulnerability due to absence of reinsurance.

"Totally un-reinsured”: Philippines’ main agricultural insurer faces US$1.52 billion nat cat exposure

May 14 2024

Urgent reforms and innovative insurance products needed to address agriculture risk in nat cat-exposed Philippines.

A photo of an agricultural filed in the Philippines.

Philippines senator files bill to expand agricultural services and encourage private insurer participation

May 16 2023

Between 2010 and 2019, damages due to natural extreme events and disasters on the Filipino agricultural sector equaled US$5.2bn.

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