via leytesamardaily.net TACLOBAN CITY – The Philippine Crop Insurance Corporation (PCIC) is optimistic of attaining P25 billion value of agricultural insurance by the end of this year, given the new programs and partnership with the private sector. PCIC president Jovy Bernabe claimed they are on track of hitting the 2013 target as more farmers in continue reading : PCIC head expect increase of farmers who will insure their crops this year

via leytesamardaily.net TACLOBAN CITY – After 30 years of partnership, the Philippine Crop Insurance Corporation (PCIC) formally inked a deal with Rural Bank of Dulag (Leyte), Inc. PCIC president Jovy Bernabe said this is to recognize rural banks that have been acting as underwriter of the state crop insurance agency. “Our services will only improve continue reading : Agreement forges by PCIC, Dulag Bank to help farmers insure their crops

via gmanetwork.com The Philippine Crop Insurance Corporation (PCIC) has set aside P110 million to settle the claims of rice and corn farmers affected by the Habagat and Typhoon Maring. The PCIC, an attached agency of the Department of Agriculture, said Monday that the insurance claims will be paid out 20 days after their filing. In continue reading : PCIC sets aside P110M for Maring-affected rice, corn farmers

via senate.gov.ph As agricultural damages continue to mount due to the recent onslaught of typhoon Labuyo, Senate President Pro Tempore Ralph G. Recto pushed for the passage of a bill establishing a special insurance program for rice and corn farmers heavily hit by calamities. “This piece of legislation aims to aid our rice and corn continue reading : In the aftermath of Labuyo: Sen. Recto pushes for special insurance for rice, corn farmers

by: By Gregg M. Rubio/FPL (The Freeman) via: Philstar.com CEBU, Philippines – Cebu Governor Hilario Davide, III may continue the insurance coverage program of farmers and fisherfolk with the Philippine Crop Insurance Corporation (PCIC), a program that was started by his predecessor, former governor and now third district Rep. Gwendolyn Garcia. Davide met with the continue reading : Davide may pursue crop insurance program of Garcia

via da.gov.ph The Department of Agriculture (DA), through the Philippine Crop Insurance Corporation (PCIC), has partnered with the Department of Agrarian Reform (DAR) to provide some P17.1 billion worth of crop insurance protection to agrarian reform beneficiaries (ARBs) over the next two cropping seasons. The protection plan is contained in the joint program called the “Agrarian continue reading : DAR, DA-PCIC provide P17B insurance protection to agrarian reform beneficiaries

via pia.gov.ph The Sangguniang Panlalawigan has approved the enrollment of up to 2,000 hectares of farmland with the Philippine Crop Insurance Corporation (PCIC) to ensure that the crops are covered in case of calamity such as the recent typhoon Pablo which destroyed billions of rice lands and banana farms in the three Davao provinces. “Kani continue reading : Davao del Norte to insure 2000 has. of farmland with PCIC

by Jennifer A. Ng / Reporte, via businessmirror.com.ph For one reason or another, many Filipinos do not have insurance coverage. According to an insurer, only 13 percent of Pinoys have life or accident insurance. This is lamentable, said the insurer, as accidents could be financially catastrophic to families that can barely make both ends meet. continue reading : Weather-based crop-insurance products: Making farmers more climate-change resilient

by: BM, GMA News, via gmanetwork.com The Philippine Crop Insurance Corp. generated P10.63 billion worth of insurance policies in 2012, a 97.6-percent year-on-year increase, the government-controlled corporation said. PCIC president Jovy Bernabe attributed the PCIC’s 145.8-percent rise in underwriting profit to P303.942 million to good risk management. He also said that  crop insurance gained greater continue reading : State crop insurance firm issues P10B worth of policies in 2012

by: Raymond Jun R. Portillo via bworldonline.com Agriculture insurance coverage almost doubled as of November last year amid strong typhoons visiting the country, the Philippine Crop Insurance Corp. (PCIC) said. Insurance coverage reached P10.63 billion for the period January to November 2012, from P5.37 billion posted during the same period last year. INCREASED AWARENESS PCIC continue reading : Agriculture insurance coverage hits P10.63B