Last update:
13 December 2019 at 15:45 hours.


On the occasion of celebrating the Insurance Day, November 1st, the Insurance Supervision Agency organized Agricultural insurance conference. The conference was organized in association with the Ministry of Agriculture, Forestry and Water Economy in order to pay attention to agriculture as an important part of the Macedonian economy, that is to pay attention to reducing the risks in agriculture through the use of insurance.

Visitors to the conference were representatives from the insurance sector, representatives from state institutions and regulatory bodies, as well as representatives from the agricultural sector.

At the conference special address was held by Mr. Kocho Angjushev, Deputy Prime Minister of the Republic of Macedonia responsible for economic affairs and coordination with the economic sectors, Mr. Ljupcho Nikolovski, Minister of Agriculture, Forestry and Water Economy in the Government of the Republic of Macedonia and Mr. Klime Poposki, President of the Council of Experts of the Insurance Supervision Agency (video addresses within the announcement of the Government of the Republic of Macedonia


Taking into account that there are various solutions worldwide, at the Conference on Agricultural Insurance, special addresses had representatives of several leading institutions such as Turkish Agricultural Insurance Pool (TARSIM), Hail Insurance Company (Österreichische Hagelversicherung VVaG - ÖHV) from Austria, Reinsurance Company Swiss Re from Switzerland; Reinsurance Company Polish Re from Poland, Access to Insurance Initiative -A2ii and Reinsurance Company Europa Re from Switzerland who presented their experiences in this area.

Within the manifestation, a prize and a plaque for the best research in the field of risk and insurance in the Republic of Macedonia for 2018 under the title “Analysis of the global micro-insurance market and the possibilities for its implementation in the Republic of Macedonia” was awarded.  The goal of the research is to increase the awareness, information and knowledge of Macedonian insurance companies for the concept and models of micro insurance (download here original version in Macedonian language).


The prize was awarded to the author Ms. Tanja Kamenjarska by the President of the Council of Experts of the Insurance Supervision Agency, Mr. Klime Poposki followed by a brief review of the research by the author.





Links to the presentations:

  1. 1. Experience of Turkish Agricultural Insurance System. Mr Necati İçer, Technical Consultant, Agricultural Insurance Pool Management Company (TARSIM)
  2. 2. A framework for advanced agricultural insurance schemes. Mr Reinhard Kern, Member of the Board, The Austrian Hail Insurance
  3. 3. Focus on Product Quality - A reinsurance perspective. Mr Paul Hammer, Underwriter & Senior Product Manager Agriculture, Swiss Re
  4. Key elements of management of crops and livestock portfolios; Polish Re’s reinsurance support (programs). Mr Konrad Rojewski, Product Manager of Agriculture, Polish Reinsurance Company
  5. Regulating agricultural insurance - encouraging responsible market development. Ms Teresa Pelanda, Advisor, Secretariat of the Access to Insurance Initiative
  6. Area Yield Index Insurance: challenges and experiences. Mrs Nadica Jovanovska Boshkovska, Head of Representative Office Macedonia, Europa Re


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