about us | newsletter | contact | archive | members area
Nicolae Ghibu, Certsign
Regulations will come gradually and will cover all areas»
  News:      POLITICS   |   ECONOMICS   |   ENERGY   |   INVESTMENTS   |   APPOINTMENTS   |   GREEN   |   INFRASTRUCTURE   |   REAL ESTATE   |   AGRIBUSINESS   |   DRIVING   |   CITY LIFE   |   EVENTS   |

Gothaer Asigurari Reasigurari: Over 75,000 hectares have been affected this year by hail and storms

Over 75,000 hectares of farmland have been affected this year by hail, storms and floods, compared to 15,000 hectares in the last agricultural year, while the number of claim files approved by Gothaer Asigurari Reasigurari until 1 August exceeded 600, compared to 139 in the previous year, according to the company, quoted by Ziarul Financiar

2016-10-21 21:48:46 - From the Print Edition

In the first eight months, according to data on the agricultural insurance segment, hail is the main cause of the produced damages (65 per cent), followed by torrential rains (23 per cent) and late spring frost. In terms of crops affected, the damage caused to the areas cultivated with wheat held the largest share, followed by rapeseed and sunflower. Other crops that were affected include barley, corn, vine and fruit trees.
"Agriculture is a strategic sector for Romania and its economy, and agricultural insurance must restore a balance when severe weather phenomena threaten farmers′ work and production," said Anca Babaneata, the CEO of Gothaer Asigurari Reasigurari, quoted by ZF. "We try continually to adapt, in a balanced manner, the products and services to meet the needs of this insurance line, especially given that we are faced with an increasingly aggravating frequency and severity. We have invested in technology, efficiency, and we try to prioritize activities and permanently balance our subscriptions depending on the resources and capabilities, so that when something happens we can be close to customers as soon as possible. Just this year we paid, for example, a compensation of over 400,000 RON [almost 90,000 Euro] within seven days from the receipt of the last document required to process the claim file, noting the damage within a record time, namely in the first day one could enter the field after the event."
Romania has about 13.8 million hectares of farmland out of which, in the past years, 8.10 million were mainly cultivated. According to the Ministry of Agriculture and Rural Development, during May-June, almost 64,000 hectares in 16 counties were affected by hail, torrential rain, floods and storms which have caused damage of about 64 million RON (more than 14 million Euro).



COMMENTS
There is 1 comment:

Dan: on 2016-11-07 08:50:01
Gothaer sustine si promoveaza amantlacul.

 
ADD A COMMENT
 
Name
Email
Comment
Validation Code
   
 
 

1 Comment  |  8261 View
Daily Info
OTP Bank Romania posts 15 million Euro profit at the end of Q3 2018

OTP Bank Romania recorded a consolidated after-tax profit of 15.09 million Euro, in the first nine months of the year, almost twice as much as in the base period.

Black Sea Oil & Gas and Transgaz sign 15-year contract for the MGD Project gas production transmission into the NTS

Transgaz and Black Sea Oil & Gas signed the gas transmission contract for the transport of the Midia Gas Development Project (MGD Project) production into the National Transmi...

Almost 90 per cent of industrial and logistics stock is condensed in cities with highway access, says C&W Echinox

Romania's industrial and logistics market is currently benefitting from its best period in history, both in terms of supply and demand, with development being condensed in a n...

Meet the finalists and the winners of the first Automotive Awards Gala by The Diplomat-Bucharest!

Automotive Today powered by The Diplomat-Bucharest organizes Automotive Forum & Awards for Excellence Gala 2018 on 13 November at JW Marriott Hotel in Bucharest - Constanta Ba...

The second edition of Hacking Health awards three digital innovation projects for the Romanian health system

Hacking Health 2.0, the most important health hackathon in Central and Eastern Europe, took place this weekend in Bucharest at the initiative of Johnson & Johnson Romania, imp...

 
 
   
advertising

advertising

advertising

advertising

advertising

advertising

More on News
ArcelorMittal receives binding offer for European assets from Liberty

British-owned Liberty announced a conditional agreement to buy four European steel plants, employing more than 12,500 people.

EBRD cuts economic growth forecast for Romania

Romania's economy will grow by 4.2 per cent this year and by 3.6 per cent in 2019, according to the most recent forecast released by the European Bank for Reconstruction an...

MOL Group posts 835 million USD profit for the first nine months of 2018

MOL Group announced its financial results for the third quarter of 2018. With a net profit of 323 million USD in Q3, the company reached a profit of 835 million USD for the...

Black Sea Oil & Gas and Transgaz sign 15-year contract for the MGD Project gas production transmission into the NTS

Transgaz and Black Sea Oil & Gas signed the gas transmission contract for the transport of the Midia Gas Development Project (MGD Project) production into the National Tran...

Corina Popescu is the new CEO of Electrica

The Board of Directors of Electrica, one of the most valuable companies where the state is the main stakeholder, has agreed to end the collaboration with its CEO Dan Catali...

Violeta Luca is the new general manager of Microsoft Romania

Microsoft announces the appointment of Violeta Luca as general manager for operations in Romania starting in November this year. She joined Microsoft Romania for the first ...

Crosspoint Real Estate appointed exclusive sale agent for H Pipera Lake residential project in northern Bucharest

Crosspoint Real Estate has been appointed exclusive agent for the sale of the units in H Pipera Lake residential project, developed by Hagag Development Europe.