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Agriculture tag returned 152 results

  • Bangladesh: Govt to make insurance cover mandatory for buildings, crops & livestock

    Bangladeshi Finance Minister AHM Mustafa Kamal has said that insurance would be made compulsory in phases for flats, residential buildings, corporate offices, commercial buildings and structures, crops and livestock.

    Asia | 18 Sep 2019
  • Govt backs technology intervention for flagship crop insurance scheme

    The Indian government is ready to spend around $100m for technology intervention in its flagship agriculture insurance programme, Pradhan Mantri Fasal Bima Yojana (PMFBY) in order to make it robust and attractive to farmers, said Dr Ashish Kumar Bhutani, CEO of the programme.

    Asia | 13 Sep 2019
  • Govt hikes insurance cover for "political task" of raising pork production

    Insurance coverage on hogs has been raised temporarily as the Chinese government seeks to encourage pork production against a backdrop of price hikes amidst an African swine fever (ASF) epidemic. The cover increase is to take effect until 31 December 2020.

    China | 06 Sep 2019
  • Agriculture insurance booms in South Asia

    Asia Insurance Review's 6th Agriculture Insurance conference is set to take place in New Delhi next week and we look at how agriculture insurance is impacting markets in South Asia.

    AIRPlus | 05 Sep 2019
  • India: Reinsurance pool for flagship crop insurance scheme being considered

    The government is considering creating a reinsurance pool for the Pradhan Mantri Fasal Bima Yojna (PMFBY), to retain premiums from the flagship crop insurance scheme at home.

    Asia | 28 Aug 2019
  • South Africa: Old Mutual iWYZE aims to be first insurer to deploy drones

    Old Mutual, the oldest insurer in the country, has claimed that it will soon the first local insurance group to deploy drones to assist with insurance claims.

    Africa | 26 Aug 2019
  • Philippines: Government urged to provide mandatory crop insurance

    To help local farmers cope with damaged crops and their associated costs, the Philippine government is urged to provide mandatory insurance coverage for unhusked rice and other crops, according to local publication The Philippine Star.

    Asia | 22 Aug 2019
  • Thailand: Minister proposes price insurance for rice farmers

    Thailand's commerce minister Jurin Laksanawisit has proposed a price insurance scheme for five types of rice based on a resolution from a recent meeting chaired by farmers' representatives, rice trade associations and state officials. The insurance seeks to help farmers deal with the lower price of crops as it offers compensation if market prices are below the benchmark, reported local publication Bangkok Post.

    Asia | 20 Aug 2019
  • Major technological breakthrough required to make crop insurance scheme a success

    Pradhan Mantri Fasal Beema Yojana (PMFBY) CEO and joint secretary (Credit), ministry of agriculture and farmers' welfare, government of India Dr Ashish Kumar Bhutani has said, "Despite spending a huge sum of INR300bn ($4.3bn) on the agriculture insurance scheme, it attracts negative publicity because of the large number of complaints from farmers about non-payment of claims due to the use of primitive technology."

    AIRPlus | 14 Aug 2019
  • Dietary changes with focus on plant-based foods must to arrest climate change

    A United Nations (UN) report on effects of climate change says dietary changes, featuring plant-based foods and sustainable animal-sourced food, could free up land and cut emissions. It says global meat consumption must fall to curb global warming, reduce growing strains on land and water and improve food security, health and biodiversity.

    Asia Risk | 14 Aug 2019

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