Crop

What do the likely El Niño conditions anticipated to develop in early 2019 mean for crop yield and how should (re)insurers react?

Leveraging our understanding of weather and catastrophe modeling, AIR debuted a MPCI Model for the U.S. in 2008, and we have been updating it for 10 years now.

Crops in Canada face many weather hazards, but in the Prairie Provinces—Manitoba, Saskatchewan, and Alberta—there’s also a different kind of hazard: grasshoppers.

Each year, farmers face myriad potential perils to their crops: drought, waterlogging, frost, and hail to name a few. What can be done to mitigate crop losses?

Premium rates for U.S. crop insurance policies, which vary by county, crop, and coverage level, are updated annually based on the federal government’s understanding of the risk.

Fierce extratropical cyclones (ETCs) can devastate vast areas of forest in Europe, felling millions of trees within hours and potentially causing insured losses well in excess of a billion Euros.

The 2018 United States Farm Bill is certain to have a significant impact on agricultural and food programs across the country. The 2018 Farm Bill was a continuous topic of conversation presented at the AIR Crop Insurance Symposium in Boston, Massachusetts.

Hail is a significant driver of crop damage in Canada, leading to an average CAD 200 million of losses per year to the private crop hail insurance industry in the Prairie Provinces of Alberta, Saskatchewan, and Manitoba alone. How can crop hail insurers better prepare for seasons to come?

In 2016, 76% of total premium was written in Revenue Protection alone. Revenue Protection insures producers against both yield and price risk, paying out on the higher of two prices: the price established at planting and the price established at harvest.

AIR's crop team was selected to participate in a Scientific Cooperation Exchange Program run jointly by the United States Department of Agriculture (USDA) and China's Ministry of Agriculture (MOA) by both the U.S. and Chinese governments because of our expertise in the U.S. and China crop insurance markets