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The Crop-Insurance Market: Limited and Shrinking

A report from Moodys says there are significant barriers to entry in the crop-insurance market, and cuts in government subsidies could mean even more consolidation in the future.

By Mark E. Ruquet | Updated on August 23, 2012

A report from Moody’s says there are significant barriers to entry in the crop-insurance market, and cuts in government subsidies could mean even more consolidation in the future.

Moody’s says that since the 1990s there has been a steady wave of consolidation in the crop-insurance line. In the 1980s there were 60 authorized multi-peril crop insurers. That figure has been reduced to 16 today.

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