RIO DE JANEIRO, BRAZIL – Approximately 121,000 rural producers have been benefited, 218,000 insurance policies have been contracted and the overall insured space reached 14 million hectares, 2.4% greater than the 2020 consequence. “The insured quantity in Brazil reached a report R$68.3 (US$12.3) billion final yr, a rise of roughly 49.1%.”
Also in response to the Ministry, between January and October 2021, insurers paid out round R$3.6 billion in compensation to producers, 76% larger than the R$2.1 billion paid in the identical interval in 2020.
“In 2021, we emphasize the expansion of livestock . . .
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