by AIP Online Bureau | Mar 28, 2025 | Eco/Invest/Demography, Indian News, Non-Life, Policy, Reinsurance, Technology
Union Agriculture Minister Shivraj Singh Chouhan As many as 7,708 lakh farmers have so far received insurance cover under the PM Fasal Bima Yojna and farmers have received claims of Rs 1.74 lakh crore since 2016 under the scheme which has now emerged as the...
by AIP Online Bureau | Feb 17, 2025 | Eco/Invest/Demography, Intermediaries, International News, Non-Life, Reinsurance, Risk Management
If the rainfall dips below predefined values, the insurance is triggered and the farmers receive timely payouts without the need for lengthy claims processes or on-the-ground assessments Singapore: Willis, a WTW business, and Global Parametrics today announced the...
by AIP Online Bureau | Jan 5, 2025 | Eco/Invest/Demography, Indian News
“Unseasonal rain was not on the list of natural calamities in the state. However, keeping in view the crop damage and plight of farmers, our government today declares the unseasonal rain as a natural calamity in the state to facilitate the disbursement of compensation...
by AIP Online Bureau | Nov 14, 2024 | Data, Disaster & Management, Eco/Invest/Demography
“Adverse weather events are an increasingly common reality for our farmers and growers. Farming and growing isn’t easy work. There are already a ton of challenges to navigate even before the likes of floods and cyclones are thrown into the mix. When things get bad...
by AIP Online Bureau | Sep 30, 2024 | Climate, Environment, Renewable Energy, Data, Disaster & Management, Eco/Invest/Demography
“There are some government programmes and insurance schemes to help them, but our research shows they are not well known and may not provide comprehensive support in any case. While farmers are already doing what they can to protect their livelihoods, the...
