Bear encounters have become an almost daily occurrence in Japan, worrying residents, travellers and farmers, and disrupting outdoor leisure businesses.
PICC has introduced a new catastrophe-risk model for China's livestock sector, aiming to improve underwriting accuracy in an industry exposed to animal disease and natural-disaster losses.
Filipino farmers have received an initial insurance payout of around PHP571.3m (US?$9.67?m) from the country's Crop Insurance Corporation to accelerate recovery from the effects of recent storms, Fung-wong and Kalmaegi.
The ministry of agriculture has made it mandatory for dairy farmers in the country to purchase cattle insurance from 1 January 2026, with the government subsidising half of the insurance premium, reported the Taipei Times
The Rwandan government has outlined new priorities to increase financial support for farmers, cooperatives, and small and medium-sized enterprises engaged in green agriculture under the Fifth Strategic Plan for Agriculture Transformation.
Philippines Congress is likely to consider a request from the government to double the crop insurance subsidy it pays to the country's farmers to PHP8bn in 2026 so that it covers up to 4.2m farmers. According to a news report on the news portal https://bilyonaryo.com most of these farmers are rice growers.
These are the updates on insurance regulatory developments in China.
UK-based flood science specialist JBA Risk Management has launched a new updated version of its ground-breaking probabilistic India crop catastrophe model along with a range of additional support services for insurers and reinsurers covering the India crop schemes.
The Tanzania Insurance Regulatory Authority (TIRA) has released an outline of its strategic priorities for 2025/26-2026/27, including measures to strengthen regulation, expand coverage and support the insurance sector.
The rising frequency and severity of extreme weather events over the past decade, driven largely by climate change, have led insurers to withdraw or significantly limit coverage for vineyards.