Sustainability of Agricultural Insurance Systems: Challenges from a European Approach

• Alicia Mateos-Ronco ^[1]
  1. [1] Universidad Politécnica de Valencia

     Universidad Politécnica de Valencia

     Valencia, España

     
• Localización: Sustainability and the Insurance Market: Trends and Challenges / coord. por Juan Bataller Grau, Marcin Kawiński, Pierpaolo Marano, 2025, ISBN 978-3-031-72185-4, págs. 217-246
• Idioma: español
• Enlaces
  • Texto Completo Libro
• Resumen

  • Agriculture is one of the economic activities most exposed to risk. Uncertainty and risk in agricultural systems stem from a multitude of factors, such as climate event variability and the evolution and liberalisation of international markets. The growing risk exposure of European farming is impacting the well-being of producers and the economic and social sustainability of farms, driving the demand for innovation in risk management instruments and spurring public intervention through the development of support policies. The emergence of new risks (price volatility, market risks) calls for progress in devising new products (insurance lines, coverages) to safeguard the viability and continuity of farms. This paper describes EU agricultural policies and their goal of protecting farm income against risks. It also explores the variability in farm incomes across the EU and the disparate geographical distribution of risk in EU farms. Finally, it reviews the development of agricultural insurance in the EU with particular reference to new insurance models and their relationship with producers’ risk preferences and perceptions.