The Agricultural Insurance Board, under the Ministry of Agriculture, Livestock, Lands and Irrigation, has designated February 2026 as an insurance month for the farming community.
Government policy guidance on agricultural insurance now emphasises a shift toward risk management, cost control, and service optimisation, with high-quality development becoming the industry's goal.
Insurers in China generated insurance premiums exceeding CNY155bn ($22.2bn) in 2025 and provided risk protection of over CNY5.2tn for 125m farmers, according to the Ministry of Finance.
The agricultural sector in Algeria is currently working to expand agricultural insurance coverage to include the various natural disasters resulting from climate change, the Minister of Agriculture, Rural Development and Fisheries, Yacine El-Mahdi Oualid, said.
India's efforts to achieve universal insurance coverage by 2047 could take shape in the upcoming 2026 Union Budget, set to be presented in February.
China Pacific Insurance (CPIC) recently completed the payout of the nation's first insurance claim covering seed production for a newly developed crop variety.
Philippine life insurer Sun Life Grepa and rural bank Top Bank Philippines have signed a partnership agreement to provide financial solutions to micro, small and medium enterprises (MSMEs), agri-professionals, and other group clients.
The increasing frequency and severity of hailstorms mean it is now a significant threat to farmers in South Africa, as well as business and food systems.
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.