Professional Web Portal and Printed Directory about Companies, Products and Services from the Horticulture, Gardening and Associated Markets.
Professional Web Portal and Printed Directory about Companies, Products and Services from the Horticulture, Gardening and Associated Markets.
AGROSEGURO
Agricultural insurance in Spain has broken records in 2020 , according to the figures recorded by Agroseguro until December 31. The number of insurance declarations made stood at 415,975, 4.7% more than in the previous year.
For their part, premiums have grown by 1.6%, reaching 796.2 million euros, the highest figure in the 40-year history of agricultural insurance. The insured capital also reached a record, which grew 6.7% to 15,213.79 million euros.
In total, the volume of insured production in 2020 exceeded 4.9 million tons, 13.1% more than in the previous year . The most significant growth has occurred in herbaceous crops (+ 23%), citrus (+ 11%), vegetables (+ 8%) and wine grapes (+ 1.3%). The total insured area reaches 7.8 million hectares.
Subtracting the complementary insurance, the final figure exceeds 6.1 million hectares, 6.2% more than in 2019, driven by the growth of agricultural insurance for citrus (+ 8.2%), extensive herbaceous crops (+6 , 6%) or wine grapes (+ 1.1%). In addition, other lines are also growing, such as forage crops (with 56% more insured area), nuts (+ 35%), tropical or subtropical crops (+ 35%) or banana (+ 7%), among others. In the case of livestock insurance, 315.7 million animals were insured in 2020, 2.7% less than in the previous year.
