Findings in Agricultural Insurance Reported from Ca’ Foscari University of Venice (Agricultural Insurance in the DOCG Area of Conegliano-Valdobbiadene: An Assessment of Policy Measures): Agriculture – Agricultural Insurance

2022 JUN 27 (NewsRx) -- By a News Reporter-Staff News Editor at Insurance Daily News -- Investigators publish new report on agricultural insurance. According to news originating from Venice, Italy, by NewsRx editors, the research stated, “Agricultural insurance stands prominant in the protection of crop products.”

The news reporters obtained a quote from the research from Ca’ Foscari University of Venice: “In Italy, the increasing occurrence of extreme weather events has had an important impact on the crop insurance market’s dynamics by lowering insurance companies propensity to take on climate risks. In this context, the main aim of the study is to focus on an economic assessment of the demand for insurance in the Controlled and Guaranteed Designation of Origin (DOCG) area of Conegliano-Valdobbiadene, exploiting the economic effects of public contributions for the three main subjects involved in the market: winegrowers, public stakeholders, and insurance companies. The results showed that the more favorable conditions laid down in the Omnibus Regulation in favor of producers do not appear justified in the area investigated. As regards the goodness of public intervention, the overall positivity of the Indicator Efficiency Subsidies (IES) underlines the relative efficiency of the subsidized contribution.”

According to the news editors, the research concluded: “As for the insurance companies, the financial equilibrium appears precarious, closed between falling tariffs and increasing quotas in consideration of the feared climate change.”

For more information on this research see: Agricultural Insurance in the DOCG Area of Conegliano-Valdobbiadene: An Assessment of Policy Measures. Sustainability, 2022,14(6912):6912. (Sustainability - http://www.mdpi.com/journal/sustainability). The publisher for Sustainability is MDPI AG.

A free version of this journal article is available at https://doi.org/10.3390/su14116912.

Our news journalists report that more information may be obtained by contacting Antonio De Pin, Department of Economics, Ca’ Foscari University of Venice, San Giobbe 873, Cannaregio, 30121 Venice, Italy. Additional authors for this research include Pier Paolo Miglietta, Benedetta Coluccia, Fabian Capitanio.

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