News

7

Jan 19

Pay-outs show farm income protection works

THE CHIEF executive of a farm income protection business said the pay-outs made by insurance businesses to growers highlighted how...
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18

Nov 18

The determined daughters keeping rural WA on the move

IT was just the way things were. When it came to splitting up the family farm, the boys would inevitably...
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1

Nov 18

Leg-up for income protection gains support

The farming industry was left hanging last week after expectations of an announcement on multi-peril crop insurance at the Drought...
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1

Nov 18

Crop Insurance Change on the Radar

Multi-peril crop insurance has the potential to enable practice change that can increase yields as well as recoup expenditure on...
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31

Oct 18

Income protection option gains support

The farming industry was left hanging last week after expectations of an announcement on multi-peril crop insurance at the Drought...
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30

Oct 18

Insurers present five-point farm income protection wish list

WITH THE topic of farm income protection back in the spotlight, the Insurance Council of Australia (ICA) has issued a...
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26

Oct 18

Farmers urged to insure crops against drought failure

Farmers are being encouraged to take out commercial crop insurance policies to help their businesses become more financially resilient against...
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26

Oct 18

PM’s $5 billion drought future-proofing fund

Federal government is launching a $5 billion Future Drought Fund which could, coupled with new policy under consideration, guarantee funds...
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25

Oct 18

Farm groups to lobby for insurance tax breaks at PM’s drought summit to boost income protection

Comprehensive car insurance, life insurance and income protection products are all designed for when the worst strikes, but few farmers...
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25

Oct 18

Insurers float five-point plan to help drought-affected farmers

The Insurance Council of Australia (ICA) today said it supports the removal of stamp duties on agricultural insurance products nation-wide as...
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25

Oct 18

Government announcement on farm income protection insurance likely

INDUSTRY is awash with speculation a tax incentive mechanism for farm income protection will be released at the Prime Minister’s...
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25

Oct 18

NFF calls for long-term view at National Drought Summit

The National Farmers Federation is asking federal and state governments to provide incentives for farmers to insure themselves in part...
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25

Oct 18

Farming groups call for drought insurance tax breaks

Farming groups will use the Prime Minister's Drought Summit to push for tax incentives to encourage farmers to insure themselves...
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26

Sep 18

Economic wherewithall essential part of licence to farm: Nuffield scholar

Financial literacy should be part of the essential criteria to becoming a farmer in Australia, according to Nuffield scholar and...
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13

Sep 18

A grower talks about taking out MPCI for the first time

Drought across much of the country has refocussed attention on options for grain growers to manage production and financial risks...
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10

Aug 18

Case for crop insurance mounts in crippling NSW drought

Multi-peril crop insurance is being looked at in a new light, as New South Wales and Queensland growers struggle in...
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23

Mar 18

Latevo is back in the MPCI business

After a year of not offering multi-peril crop insurance (MPCI) policies, Latevo is back to the MPCI market with a...
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21

Mar 18

Latevo reboots crop insurance with three-tiered cover

Latevo has re-entered the multi-peril crop insurance market with a three-tiered level of cover available to growers for $14-$26 per...
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21

Mar 18

Latevo rebounds into multi-peril market with new income protection plan

Multi-peril crop insurance pioneer, Latevo, is returning to the farm income protection market in 2018 after bowing out last season....
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21

Mar 18

Latevo re-enters the market with cost-effective income protection for farmers

Latevo has backed up its 2017 pledge to re-enter the market in 2018 with a more cost-effective and comprehensive farm income...
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8

Feb 18

Latevo teams up with Geosys to offer low-cost MPCI cover

Multi-peril crop insurer Latevo has forged a new partnership with Geosys – a global agriculture company that provides insurers with up to...
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7

Jul 17

NSW Government gives multi-peril crop insurance support thumbs down

The NSW Government will not be subsidising multi-peril crop insurance (MPCI) premiums, despite the fact an independent review has found...
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30

Jun 17

Latevo lines up overseas insurer for 2018 crop season

Latevo is finalising a deal with an overseas insurer to underwrite its multi-peril crop insurance for next year’s growing season,...
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28

Jun 17

Debate on multi-peril crop insurance pricing

THE MANAGER of multi-peril crop insurance (MPCI) business Latevo says suggestions MPCI in Australia is too expensive are ill-founded. Read...
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21

Jun 17

Latevo out of multi peril crop insurance equation this year

AUSTRALIAN growers will have less choice in the multi-peril crop insurance (MPCI) space this year, with pioneering MPCI business Latevo...
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1

Jun 17

Safety net or springboard?

Crop insurance is often seen as an expensive safety net, but what if it was really a springboard for growers...
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16

Mar 17

Insurance for harvests that come a cropper

Farmers looking to better financially protect themselves and their families through tough times are encouraged to apply for a rebate...
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10

Jan 17

Fledgling multi-peril crop insurance industry looks forward to government subsidies on premiums

Federal Government considering subsidies for Multi Peril Crop Insurance (MPCI). Read more... Publication: ABC News Date: 10 January 2017 By...
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4

Jan 17

Farmers Scale Up Silos For Service

Crop farmer Andrew Hawthorne has taken to scaling a grain silo at the end of the day, where he picks...
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1

Jan 17

Crop insurance: No stamp duty relief for canola and lentils

VICTORIAN growers insuring high-value crops such as canola and lentils for hail damage receive no stamp duty relief, while wheat...
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29

Dec 16

Multi peril crop insurance: Call for stamp duty consistency

THE stamp duty paid on multi-peril crop insurance is inconsistent between states, and farmers are calling for change so they...
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25

Nov 16

Farm income protection eases pain of crop loss

Central West NSW farmer, Shane Peasley, was one of many to lose crops in this year’s near-record Lachlan Valley floods,...
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3

Aug 16

Potential $40m windfall for MPCI in NSW

THE chief executive of a multi-peril crop insurer (MPCI) said a potential investment by the NSW State Government of $40...
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1

Aug 16

Multi-Peril crop insurance: Challenges and opportunities

Australia is one of the few developed nations without major MPCI policies, but recent federal and NSW government support is...
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5

Apr 16

Farmers gain Federal help to insure against drought and flooding rains

The Federal Government this week announces a $20 million funding program to help farmers. Read more... Publication: The Advertiser Date:...
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16

Aug 15

Planning for the Worst

Multi-peril crop insurance could be a game changer for Australian agriculture. Read more... Publication: Landline : ABC TV Date: 16...
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14

Aug 15

Multi-peril crop insurance: Can insurance against drought help farmers prepare for climate change?

A small but increasing number of Australian farmers are insuring their crops against drought, and with concern growing about a...
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1

Jul 15

Agricultural Competitiveness White Paper

Commonwealth of Australia 2015, Agricultural Competitiveness White Paper, Canberra. Read more... Source: Licensed from the Commonwealth of Australia under a...
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1

Jun 15

Taming the weather

In 2014, the Mace family of Nindigully, in the grasslands of southwest Queensland, made a claim against their multi-peril crop...
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1

May 15

Target yields with crop insurance: Latevo

Latevo CEO, Andrew Trotter, urges WA growers to sow their crops at optimum times for yields with support from insurance...
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21

Apr 15

Latevo’s new multi-peril partner

MULTI-PERIL crop insurance (MPCI) business Latevo has announced a new underwriting deal with specialist insurance business Assetinsure. Read more... Publication:...
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20

Apr 15

Growing insurer announces underwriting arrangement

Latevo International, one of several Australian companies seeking to establish multi-peril crop insurance (MPCI) as a presence in Australia, has...
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17

Apr 15

Call for government assistance as more grain farmers take up multi-peril crop insurance

More grain farmers are expected to take up multi-peril crop insurance this winter growing season. Read more... Publication: ABC News...
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9

Apr 15

Multi-peril crop insurance sales push

Australia is one of the few developed nations without major MPCI policies, but recent federal and NSW government support is...
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7

Apr 15

Latevo’s mystery MPCI partner

MULTI-PERIL crop insurance (MPCI) business Latevo International has confirmed it will change reinsurers this winter cropping season. Read more... Publication:...
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24

Mar 15

Crop cover plan for farmers

The West Australian can reveal that encouraging multi-peril crop insurance will be one of the key recommendations in the Government's...
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19

Mar 15

Australia: Proposals pour in for setting up multi-peril crop cover

With the El Nino effect expected on the horizon, bringing on drought conditions, suggestions have poured in for establishing multi-peril...
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18

Mar 15

Managing risk in primary industries

Andrew Trotter, Latevo CEO, speaks at the ABARES 2015 Outlook Conference about mitigating catastrophic risk in Australian agriculture​. Watch... Publication:...
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18

Mar 15

Insurance boom to beat oncoming weather

Multi-peril crop insurance (MPCI) is expected to take a big increase in sales in the coming month as drought conditions...
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16

Mar 15

MPCI rush to beat El Nino

AS farmers line up in increasing numbers to take out multi-peril crop insurance (MPCI), governments are being urged to adjust...
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13

Mar 15

Multi-peril crop insurance workshops spur interest among SA farmers

Multi-peril crop insurance provider Latevo International says its workshops have been well attended in South Australia. Read more... Publication: ABC...
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31

Jan 15

MPCI payout good news in tough year

WIMMERA farmer Phil Koschitzke has received his multi-peril crop insurance (MPCI) payment from insurer Latevo International. Read more... Publication: The...
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14

Jan 15

Farmers receive major payout from Australia’s first multi-peril crop insurance after crops failed

A Queensland farmer is set to receive a $944,000 payout under Australia's first multi-peril crop insurance, after a failed season....
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18

Apr 14

Crop insurer gets first customers

In an attempt to reduce some of their risk, Bunjil grain growers Brad and Joanne Hirsch have signed up for...
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20

Mar 14

Multi-peril crop insurance a reality

MULTI Peril Crop Insurance (MPCI) became a reality for WA growers last week when Latevo International with Allianz Australia offered...
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