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113 Billion Crop Insurance GAP?

Agtools Inc.

Global food prices soaring by 41% in May 2021 and 34% in March 2022, primarily driven by supply shocks, A recent report highlights that, despite global progress in crop resilience, approximately 60% of insurable crops remained unprotected by insurance in 2022. This protection gap is estimated at a staggering USD 113 billion globally in premium equivalent terms.

Sources: Swiss Re Institute & SRI Crop Insurance Resilience Index



En White Agtools

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Agtools Inc.

8502 E. Chapman Avenue.

Suite 137

Orange CA 92869

+1 (714) - 707-4848

info@ag.tools

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