Historical record in agricultural insurance compensation: 149 million in 2023

The compensation paid by Agroinsurance to insured farmers and ranchers in Andalusia for claims registered during the year 2023 have risen to 149 million euros (specifically 148.9), with a total damaged area of 385,000 hectares insured.

This amount is more than double that paid in 2022 (64.1 million) and represents the historical maximum of compensation in the region in the 43 years of history of agricultural insurance. In total, in the last five years agricultural insurance has paid 354 million to insured farmers and ranchers in Andalusia.

Photo: Ayelen Fernández

By production, the accidents recorded by the extensive herbaceous, with 65.3 million euros in compensation due to the profound lack of rainfall recorded in 2023. In addition, the losses suffered by the olive grove, with 31.5 million subscribers.

The rest of the compensation, until the total is complete, corresponds to producers insured under other lines of insurance: citrus (17.1 million), vegetables (11.3 million), strawberry and red fruits (4.2 million), fruit trees (3.1 million), garlic, nuts or non-textile industrial fruits, among other. In the case of insurance livestock, insured Andalusian livestock farmers have recorded claims worth 12.7 million euros.

By province, the compensation paid to insured producers of Seville They have stood at 49.1 million euros. Below are the provinces of Cordova (33.9 million), Jaen (23.1 million), Almeria (11.3 million), Grenade (10 million), Cadiz (8.9 million), Huelva (6.9 million) and Malaga (5.7 million). The high accident rate and compensation paid by Agroinsurance They confirm the serious effects of the current climate reality, and confirm the need to have agricultural insurance to guarantee the future and viability of agricultural and livestock farms. The increase in severe weather events has been constant over the last decade, as evidenced by the historical maximum compensation recorded in 2023 at the national level: 1,241 million euros. Specifically, the amounts paid in the period 2017-2023 are, together with 2012, the highest in the 43-year history of the Spanish Combined Agricultural Insurance system.

Author: Alejandro Martínez