Crop

Severe thunderstorm activity is particularly common in the U.S. Great Plains, Midwest, and Southeast.

The 2019 hail season in the U.S. garnered much attention from crop hail (re)insurers.

COVID-19 impacts the food supply chain and commodity prices.

Crops and livestock can face similar risks, but livestock is uniquely vulnerable to disease outbreaks.

U.S. Multiple Peril Crop Insurance covers loss of crop yields from natural causes including excessive moisture.

Crop insurance has been available for 30+ years but penetration is only 30-35%.

The many naming conventions for crops and districts in such a large and diverse country was one of the challenges faced when building the AIR Multiple-Peril Crop Insurance (MPCI) Model for India.

A multi-peril crop insurance (MPCI) catastrophe model, like any catastrophe modeling framework, depends on different types of historical data to various extents.

Each year, farmers face myriad potential perils to their crops: drought, waterlogging, frost, and hail to name a few.

Crop exposure changes much more frequently than property exposure, with crop rotation practices leading to changes as often as every year.