Spain: production covered with agricultural insurance grew in Andalusia by 6.9% and capital by 7.2%

Published 2021년 2월 16일

Tridge summary

In Spain, especially in Andalusia, there has been a significant increase in agricultural insurance coverage, with a total insured capital of 2,333 million euros and a record 415,975 declarations made. The insured production volume also reached over 40.9 million tons, an increase of 13.1% from the previous year. The budget for agricultural insurance in Andalusia is projected to grow to 12.5 million euros. The Combined Agricultural Insurance Plan for 2021 includes numerous improvements and additions, such as increased subsidies for young farmers, complementary insurance, and new subsidies for organic farms and aquaculture. The plan also aims to review and improve existing insurance lines and conduct studies to further enhance public support for these sectors.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The commitment of the producer sector to the insurance of its crops has been revalidated throughout Spain and especially in the case of Andalusia, whose insured production grew by 6.9% last year to reach 4.5 million tons, which has The total insured capital stood at 2,333 million euros, 7.2% more than the previous year. In Spain, agricultural insurance broke records last year because, according to the figures recorded by Agroseguro, until December 31, the number of declarations made stood at 415,975, 4.7% more than in the previous year. In the case of Andalusia, the number of insurance policies remains above 36,700 in total. More information Flooded flower crops in Chipiona due to the rains of last week due to the storm Filomena. Flower crops flooded in Chipiona due to the rains last week due to the storm Filomena. The budget of the Ministry for agricultural insurance will grow this year in Andalusia and will reach 12.5 million In the national group, premiums have grown by 1.6% ...

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