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5 Jul 2017
No compulsory insurance for farmers

Сельское хозяйство на Кипре

Minister of Agriculture Nikos Kuyalis presented a new scheme for agricultural insurance. According to the bill, insurance will be provided by private companies and will be voluntary.

At the same time, the government insurance organization will be operating, the staff will be reduced and most of the employees will be transferred to the Ministry of Agriculture.

The government intends to introduce new insurance system early next year.

Agricultural Insurance Organization (OGA) was established in 1978 with the aim to guarantee farmers a fair compensation in case of the damage caused by unavoidable natural causes.

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