Losses suffered by Nepal's agriculture sector and livestock and poultry due to Bhotekoshi flash flood of 26 August 2026 could cross NPR2.11bn ($13.76m), according to a recent Rapid Damage and Needs Assessment (RDNA) report jointly prepared by the National Planning Commission and the National Disaster Risk Reduction and Management Authority (NDRRMA).
Agricultural insurance is emerging as an engine of growth for the national market, promoting diversification, investments, and essential coverage against climate risks.
Six Chinese government bodies, led by the Ministry of Agriculture and Rural Affairs, jointly issued an implementation plan on 7 September aimed at supporting insurance companies in enriching their product portfolios.
Peak Re has appointed Mr Nattakorn "Natt" Wattanaumphaipong as Head of Distribution and Partnerships and Mr Sanjiv Agarwal as Head of Operations.
Mauritania is preparing to adopt index-based agricultural insurance, following successful pilot initiatives across the Maghreb and West Africa-including Morocco, Mali, Burkina Faso, and Senegal.
The agricultural insurance business, once among the three fastest growing insurance branches in China, has cooled rapidly, showing year-on-year premium growth of only 0.18% in 1H2026 from double digits in previous years.
Over the past month, Asia has been hit by two Nat CAT events, namely typhoon Dolphin in China, the Philippines and Taiwan, and Japan's 5.9-magnitude earthquake.
Uganda has been moving from fragmented pilots towards a more structured public-private agricultural insurance system, according to Mr Bran Atiku, National Project Officer, Insurance and Risk Finance Facility, UNDP Uganda.
The operating performance of China United Property Insurance Company (CUPI) remains adequate, delivering an annual return on equity at mid-single digit over the past five years, notes AM Best.
Australian utilities and agriculture are among the most exposed sectors if El Niño emerges. And as sea-surface temperatures in the central tropical Pacific continue to warm, the country's Bureau of Meteorology (BOM) says El Niño is becoming more likely.