AGRICULTURE INSURANCE IN BRAZIL: current situation and prospects

Seguro Rural no Brasil

The agribusiness shows economics importance, however, lots of risks were found by cooperatives and farmers that undertake the profit and the increase of jobs in the field. Thus, the Agriculture Insurance has been shown as a tool to mitigate the risk of production losses in the activity. In this context, the present study aims to examine the Agriculture Insurance, considering the Program Grant Award and the Disaster Fund. It has obtained a total of 31.64 thousand contracts, US$34.83 million grant, US$72.99 million premium, and a total insured importance of US$1.55 billion in 2007. The Agriculture Insurance progress is facing a lack of statistical information in the different regions of Brazil for appropriate contracts premium.

 

 

Key-words:

agriculture insurance, cooperatives, agribusiness, risk management.

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