about us | newsletter | contact | archive | members area
Bogdan Nitulescu, Tremend
Cryptocurrencies volatility is a big problem»
  News:      POLITICS   |   ECONOMICS   |   ENERGY   |   INVESTMENTS   |   APPOINTMENTS   |   INFRASTRUCTURE   |   GREEN   |   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
'.$nr_comm.' comment:
'; } else { echo 'There are '.$nr_comm.' comments:
'; } while ($row = mysqli_fetch_array($result, MYSQLI_ASSOC)) { echo '
'.$row['nume'].": on ".$row['data']."
"; //echo str_replace('\n','
',$row['comentariu']); echo nl2br($row['comentariu']); echo '
'; } ?>

0 Comments  |  6975 Views
Daily Info
Smart city is not a fad, it's a necessity

In June 2018, the ranking of the most "smart" cities in the world was published. In other words, the most advanced cities in terms of human capital, social cohesion, the econo...

Ondrej Safar, CEZ Group: "Romania can become a hub for international smart solutions providers"

"We are already in the digital age, so the upward trend of implementing smart solutions is inevitable in all areas," he tells The Diplomat-Bucharest. "Especially in terms of u...

Telekom Romania, a strong supporter of Smart City development in Romania

Just like many other countries in the world Romania is now facing an unprecedented growth of the urban population, which can be both beneficial and detrimental for the society...

In the industrial era, the fight was for finite material resources. Not anymore

Now organizations fight and develop themselves for and around their talent. In a nutshell, getting ahead in today's business world is all about attracting and inspiring an e...

Richard Sareczky, Mol Limo: "We look at expansion locations across CEE including Romania"

Consumer mobility behaviour is changing, leading to up to one out of ten cars sold in 2030 potentially being a shared vehicle and the subsequent rise of a market for fit-for-p...

 
 
   
advertising

advertising

advertising

More on News
President Iohannis urges Romanians to be more united, stay involved in modernizing Romania

Romania's President Klaus Iohannis urged Romanians in France to be more united and stay involved as much as they are now in helping modernise Romania.

2 Comments

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.

3 Comments

The Romanian labour market needs a well-thought approach, says FIC

The Foreign Investors Council (FIC) has signaled in the past 2-3 years that its members are anticipating increasing strains on the Romanian labour market because starting w...

1 Comment

Revolut gets European banking license

Fintech startup Revolut is now officially a bank. While the startup initially expected to get its European banking license during the first half of 2018, the company has fi...

1 Comment

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...

1 Comment

Dacia receives 115.8 million RON in state aid from the Finance Ministry

The Romanian Finance Ministry has signed five more grant agreements under the state aid scheme, and among the beneficiaries are Automobile Dacia, with RON 115.8 million.

1 Comment

OTP Bank Romania signs investment funds distribution deal with Eurobank Fund Management Luxembourg

OTP Bank Romania signed a partnership with Eurobank Fund Management Company (Luxembourg) for the distribution of investment funds in Romania. Thus, from December 1st, OTP B...