Strengthening agriculture productivity in Asia and the Pacific is crucial to reduce poverty, end hunger, improve nutrition and support development. In response, many countries in Asia are turning to agriculture insurance to mitigate the impact of these risks to ensure that farmers have the resources they need to continue producing food for their communities. It has become an important tool to provide a safety net to farmers, to help them adopt better practices and in many cases shift cropping patterns.
Reproduced with permission of Insurance Asia News, March 2023