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Crop insurance startup PlanetWatchers raises $11m, provides crop insights regardless of weather and lighting conditions

by AIP Online Bureau | Sep 27, 2022 | International News, Non-Life, Technology

PlanetWatchers is a world-leading technology company that uses advanced machine learning to support crop insurers and the agricultural industry in verifying cover crops, tillage, planting dates, acreage, crop classification and weather damage at scale London:...

Crop insurance for pomegranate, other horticulture crops too: CM Bommai

by AIP Online Bureau | Jun 4, 2022 | Health, Indian News, Non-Life, Policy

Karnataka Chief Minister Basavaraj Bommai said 100 Primary Health Centres are being upgraded, and Rs 500 crore has been set aside for health care of senior citizens which includes free eye surgeries, distribution of cochlear hearing aids  Chitradurga (Karnataka):...

Over 1.4 lakh Bengal farmers to get crop insurance due to unseasonal rain: Minister

by AIP Online Bureau | May 13, 2022 | Indian News, Non-Life, Reinsurance

”There has been crop loss in both West and East Midnapore, Hooghly, South and North 24 Parganas districts. Nearly 1.44 lakh farmers will be getting insurance worth Rs 112.8 crore,” Chattopadhyay told PTI Kolkata: West Bengal Agriculture Minister Shobhandeb...

U.S. crop insurance payouts rise sharply as climate change worsens droughts, floods

by AIP Online Bureau | Jan 27, 2022 | International News, Non-Life, Reinsurance

Insurance payments to farmers due to drought rose more than 400% between 1995 and 2020 to $1.65 billion, while payments due to excess moisture – like floods – rose nearly 300% to $2.61 billion, according to the nonprofit environmental group, which examined...

More than 60% of crops in India remain uninsured,MP, Maha,Odisha,Bihar & UP cause 2/3rd of PMFBY losses: Lloyd’s report

by AIP Online Bureau | May 10, 2018 | Indian News, Non-Life, Reinsurance

London: More than 60 per cent of crops in India remain uninsured though the Crop Insurance is now the third largest nonlife market segment in the country behind motor and  health, with premiums around USD 3.3 billion, according to a ...
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