Weather insurance for farmers already suffers millions after the first year… (Brussels)

Due to the extreme drought from April to September 2020, the weather insurance had to pay out more money than was collected. ©  Jozef Croughs

Brussels

In the first year of its existence, the broad weather insurance company had to pay out more to farmers than it collected in premiums. “This is due to the extreme drought from April to September 2020,” says Flemish Member of Parliament Steven Coenegrachts (Open Vld).

Liliana Casagrande

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