Total insured value of state supported agricultural insurance increased by 39.3% in 2018
Total insured value increased by 39.3% to 42 217 541 073 TL in 2018. When looking at the insured value by insurance lines, the highest increase is in poultry with 88.7%.
Total number of policies of state supported agricultural insurance increased by 9.9% to 1 756 428.Total of state support premium amount increased by 24.4%
Total premium amount increased by 25.9% to 2 050 635 088 TL. Total of state support premium amount also increased by 24% to 1 072 036 127 TL. Insured area (greenhouse included) increased by 5.9% to 24 742 018 decare in 2018. Cattle and sheep and goat insurance also increased by 59.4% and 33.8% respectively. Loss paid increased by 26.5%
When total amount of loss paid is examined by insurance lines, it is seen that the first is crop insurance with loss paid value 723 949 578 TL and secondly cattle insurance becomes with loss paid value 225 521 410 TL. When total amount of loss paid is examined by reasons, it is observed that first comes hail with loss paid value 468 780 791 TL among the total loss paid. The next release on this subject will be on June 2019.
All data included this State Supported Agricultural Insurance Press Release are compiled through TARSİM Agricultural Insurance Pool official registers and published within the context of Official Statistics Programme (OSP) by TurkStat. Reference periods of the published data is January 1st, 2017- December 31st, 2017 and January 1st, 2018- December 31st, 2018