RISK RADAR · BUSINESS LINE
Agriculture
Strategic risks that hit agriculture: crop, livestock, parametric farm cover.
ARGUS’S READING Steady · Coface's background agri-food assessment concerns import dependence, without establishing a change in crop or livestock exposure this week.
Property and catastropheCasualty and liabilityMotorMarine, aviation and transportEnergy, engineering and constructionCredit, surety and political riskCyberAgricultureLife, annuities and pensionsHealth and medicalWhole industry
NowClaims and pricing
Climate risks mount as crop insurance falls short ↗
Climate losses outpacing crop insurance widen the protection gap for farm cover, pressuring agricultural underwriting.
1–3 yrsBusiness model
Only 30%-35% of registered Filipino farmers receive crop insurance annually, despite free coverage. Low awareness, staffing shortages and a proposed 31% cut to PCIC’s 2027 subsidy threaten protection against climate-related losses. ↗
Low uptake and a proposed subsidy cut leave most farmers exposed to climate losses.
NowClaims and pricing
Indonesia’s forest fire crackdown puts plantation sector insurance programs under pressure ↗
Indonesian fire enforcement tests whether plantation insurance programmes respond to fire exposure and compensation claims.