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Agriculture tag returned 99 results

  • Philippines: Agriculture, terrorism, and financial lines in the spotlight as emerging areas

    Agriculture, sabotage & terrorism, and financial lines are emerging product lines that "deserve a closer look and study", Insurance Commissioner Dennis Funa has pointed out.

    Asia | 04 Oct 2018
  • India: Govt backed crop insurance scheme deemed a game changer

    The new operational guidelines issued by the government for the state-backed Pradhan Mantri Fasal Bima Yojana (PMFBY) scheme has the potential to be a game changer, Dr Ashish Kumar Bhutani, CEO of the government's flagship scheme, has said.

    Asia | 24 Sep 2018
  • India: Govt issues new operational guidelines for flagship farm insurance scheme

    The Indian government has released new operational guidelines for its flagship Pradhan Mantri Fasal Bima Yojana (PMFBY) agriculture insurance scheme, which includes a penalty clause for states and insurance companies for any delay in the settlement of claims.

    Asia | 20 Sep 2018
  • Indian farmers find hope in PMFBY

    The Pradhan Mantri Fasal Bima Yojana (PMFBY) scheme launched by the government of India in February 2016 has given a huge boost to the Indian farming community, as it covers an entire gamut of risks from sowing to post harvesting. This scheme has made agriculture insurance the third largest line of insurance after motor and health in India and is reinsurance-driven, contributing about one third of total reinsurance premiums in India.

    AIRPlus | 17 Sep 2018
  • Singapore: Aquatech startup provides data services for aquaculture insurance

    Singapore-based aquatech startup Umitron has started data services to provide reliable data for aquaculture insurance, leveraging IoT and satellite remote sensing.

    Asia | 14 Sep 2018
  • China starts pilot income protection insurance plan for 3 main staple grains

    The Chinese government has launched a pilot insurance scheme for income protection and the full cost of growing corn, rice and wheat, which are staple crops in the country.

    China | 07 Sep 2018
  • Egypt: Govt initiatives spur insurers to focus on agricultural business

    Agricultural insurance has become a priority for insurance companies to attract new segments of customers.

    Middle East | 04 Sep 2018
  • India: Delay in settlement of crop insurance claims could invite penal action

    India's Agriculture Ministry has recommended laying down provisions to punish delays in payment of crop insurance claims. It is also working to incentivise those who settle the claims before the deadlines.

    Asia | 04 Sep 2018
  • China: African swine fever threatens pork industry

    China is ramping up measures to contain the spread of African swine fever (ASF) in its pigs, after a fourth outbreak was discovered in Wenzhou in eastern Zhejiang province.

    Asia Risk | 29 Aug 2018
  • A PInCER for PMFBY

    Indian IT major RMSI, a company providing geospatial and software solutions has launched PInCER, a comprehensive risk management tool for crop insurance that applies technology and analytics-driven approaches in pricing, claims settlement and planning a reinsurance strategy for the Pradhan Mantri Fasal Bima Yojna (PMFBY), the Indian governments flagship agriculture insurance programme.

    AIRPlus | 23 Aug 2018

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