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Apr 2026

Algeria: Climate-change insurance scheme launched, starting with coverage of cereals

Source: Middle East Insurance Review | Apr 2026

The National Agricultural Mutual Fund (CNMA) has developed a new insurance scheme for agricultural activity, dedicated to covering major risks related to climate change, mainly drought, said CNMA Director General Cherif Benhabiles, specifying that this programme is designed to cover, in its first phase, the cereal sector.
 
The new system, which falls within the framework of the strategic orientations of the national agricultural sector, aims to create an integrated system to support the farmer “by insuring the major risks linked to climate change, in particular, the lack of rainfall which causes drought”, reported Algerian Press Service quoting Mr Benhabiles.
 
He stressed that this new long-awaited insurance scheme will be intended “in its first phase, to insure the cereal sector in all its varieties, being considered a national priority in the context of preserving food security”.
 
Commenting on the state of agricultural insurance in Algeria, Mr Benhabiles added that the CNMA is stepping up efforts to expand farmer participation, especially in key segments such as cereals.
 
Drawing on its industry expertise, the mutual is working to strengthen insurance awareness, tailor products to evolving risk realities and enhance on-the-ground support. M 
 
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