NSA: From 2027, agricultural insurance will become mandatory for obtaining concessional loans

This decision has already been approved by the Ministry of Agriculture. From 2027, agricultural insurance will become a mandatory condition for obtaining concessional lending. This was reported by the president of the National Union of Agricultural Insurers (NSA) Kornei Bizhdov during the annual winter conference "Where is the Margin," organized by the Institute for Agrarian Market Trends (IKAR). "The main change, <...> the decision by the Ministry of Agriculture, from 2027, obtaining concessional loans will be directly tied to the presence of an insurance policy. There are parameters—about 200 million rubles minimum amount. And therefore, I urge you to already insure the 2026 winter crops to ensure that at the beginning of 2027 you come to the bank for a short-term loan and it has the opportunity to do so (provide the loan)," Bizhdov pointed out. Also, during his report, the NSA president reported that 15.3 million hectares (19% of all sowings) and 48% of the livestock population ...