Italy updates 2026 Agricultural Risk Management Plan

A new decree published in the Official Gazette modifies the 2026 Agricultural Risk Management Plan. The measure specifically addresses simplified insurance policies that utilize index values from the AgriCat Fund to cover quantitative yield losses.

The decree clarifies that complementarity with AgriCat for catastrophic risks applies only to farmers receiving direct CAP payments. For these beneficiaries, the deductible must be at least equal to the AgriCat indemnity limit. For farmers not covered by AgriCat, the deductible may be freely negotiated between parties. Additionally, the decree defines criteria for calculating eligible expenses for support and applies traditional insurance contribution parameters to new complementary and simplified policy packages to encourage their use.