Amidst shortages on the supply side and rising concerns over food security, demand is increasing for agricultural (re)insurance products in fast-growing emerging markets.
Governments in these emerging markets—where demand for agricultural raw materials is particularly high and agriculture is a key sector of the economy—have come to realize that agricultural insurance is an effective risk-management instrument to protect farm income and ultimately increase production.
In fact, the majority of these governments already offer agri
cultural insurance programs to support the farmers.
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