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Agriculture tag returned 138 results

  • India: Govt looks at revising rules to quicken crop insurance payouts

    The Agriculture Ministry plans to issue new operational guidelines for its flagship crop insurance scheme Pradhan Mantri Fasal Bima Yojana (PMFBY), with the goal of cutting delays in settling claims.

    Asia | 23 Jul 2019
  • Taiwan: Farmers might receive increased compensation for crop and livestock losses

    The Taiwan government has passed a draft bill to increase insurance coverage for crops and livestock which are damaged by epidemics, pests and natural disasters according to a report from the Taipei Times. The yearly economic costs of such damage averages around NT$10bn ($321.8m) and the bill allows farmers to receive more compensation from insurers as well as government-certified farmers' associations.

    Asia | 22 Jul 2019
  • Thailand: Insurance plans made available to fishermen

    The Office of the Insurance Commission (OIC) has helped to develop microinsurance products for the fishing industry, covering injury or death of fishermen and damage to their boats.

    Asia | 16 Jul 2019
  • Rural water quenches ever-thirsty cities

    As urbanization increases and cities continue to expand, they suck up ever more water. This exacerbates the effect of climate change and threatens to create a 'parched and deserted' rural hinterland.

    AIRPlus | 15 Jul 2019
  • African Swine Fever disrupts Chinese pork supply

    The spread of a deadly pig disease in China that has disrupted the world's biggest pork market is one of the major risks to a well-supplied global agricultural sector, reported Reuters citing a report released by the Organisation for Economic Co-operation and Development (OECD) and the United Nations' Food and Agriculture Organization (FAO).

    China | 12 Jul 2019
  • Rajeev Chaudhary appointed officiating CMD of AIC

    Agriculture Insurance Company of India's general manager and CRO has been made the officiating CMD of the company. He replaces Mrs T Alamelu who has been appointed a whole time member (non-life) of the IRDAI.

    Asia | 12 Jul 2019
  • Myanmar: Sompo Japan lends assistance in crop insurance scheme

    State owned Myanmar Insurance (MI) and Myanmar Agricultural Development Bank (MADB) have jointly started a pilot weather index-based crop insurance project, with the assistance of Sompo Japan Nipponkoa Insurance.

    Asia | 12 Jul 2019
  • How insurance helped win an election

    Insurance played a big role in re-electing the Modi government in India, with observers concluding that the numerous government-backed welfare and financial inclusion schemes had struck a chord with the electorate.

    AIRPlus | 10 Jul 2019
  • Sri Lanka: Farmers sign up for first blockchain-based agricultural insurance

    Nearly 200 smallholder paddy field farmers in Sri Lanka, who are at risk of losing their crops due to extreme weather, have enrolled in a newly-launched blockchain-based platform which provides them with automated microinsurance products. The platform was recently launched by InsurTech start-up Etherisc, insurance broker Aon and Oxfam, which have collaborated to utilise blockchain technology and directly address issues that are exacerbating the protection gap among these farmers.

    Asia | 03 Jul 2019
  • China: Agricultural insurance business shows rapid growth

    China's agricultural insurance premium income has maintained a steady and positive growth in recent years, rising to CNY57.3bn ($8.3bn) in 2018 from CNY30.7bn in 2013.

    Asia | 25 Jun 2019

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