The Finance Ministry has recommended raising the agricultural insurance premium subsidy level significantly.
The underwriting results of Zhongyuan Agricultural Insurance Co (ZYIC) are expected to remain satisfactory, supported by the strong margins of its agricultural insurance business and ongoing loss-mitigation and cost-control measures, said Fitch Ratings in a commentary.
Premier Li Qiang has proposed formulating measures to promote the development of agricultural insurance, on top of the progress made to date in this branch of insurance.
The Nigerian government has held discussions focussed on two strategic initiatives: reform and recapitalisation of the Nigerian Agricultural Insurance Corporation (NAIC) and the Renewed Hope Cooperative Reform Programme.
The Turkish Agricultural Insurance Pool (TARSIM) has paid out at least TRY257m ($5.88m) to producers hit by floods in Antalya, where agriculture is among the sectors most affected.
The Federation of African National Insurance Companies (FANAF) kicked off its 50th General Assembly on 9 February with a call to insurers to play a more active role in addressing emerging risks.
China's State Council, which is the country's Cabinet, and the Communist Party of China's (CPC) Central Committee have released the first policy statement for 2026, that focuses on agriculture, rural areas, and farmers (known as the 'three rural issues').
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.