Combined agricultural insurance 2026: what changes for farmers and insurers

Key data

The combined agricultural insurance system has legal coverage for the entire 2026 fiscal year. The agreement signed on May 18, 2026 between ENESA and AGROSEGURO, published in the BOE on May 25, guarantees that farmers and livestock breeders can continue to contract subsidized policies to protect their operations against climate and natural risks during this year.

For agricultural and livestock operations, this means that the insurance framework does not change: premium subsidies remain active, agricultural insurance products remain available, and insurance companies integrated in AGROSEGURO have the legal backing necessary to operate.

What does this regulation establish?

The agreement formalizes the public-private collaboration that sustains the agricultural insurance system in Spain. It establishes the division of responsibilities between the public sector (ENESA) and the private sector (AGROSEGURO) in three key areas:

• Policy subscription: Insurance entities integrated in AGROSEGURO are responsible for marketing and underwriting combined agricultural insurance products during 2026.
• Claims management: The agreement defines how claims are processed and managed when damage occurs to insured operations.
• Settlement of indemnities: It establishes the process by which farmers and livestock breeders receive corresponding indemnities when coverage is activated.

The instrument is framed within the Combined Agricultural Insurance Plans, which are the central mechanism of Spanish agricultural policy for risk management in the primary sector. State premium subsidies, channeled through ENESA, are what make this system economically accessible for most operations.

Economic and operational impact

For farmers and livestock breeders, the direct impact is the continuity of state subsidies on insurance premiums. Without this agreement, combined agricultural insurance policies could not be marketed with the public backing that makes them economically viable for the sector.

For insurance companies integrated in AGROSEGURO, the agreement is the legal umbrella that allows them to operate in the agricultural insurance sector during 2026. Without it, there would be no legal framework for underwriting policies or managing claims under the subsidized system.

From an operational perspective, the agreement does not introduce disruptive changes: its main function is to guarantee system continuity for the 2026 fiscal year, renewing the framework that already existed for previous years.

Who does it affect?

• Farmers: All those who have or want to contract combined agricultural insurance during 2026 to protect their crops against climate and natural risks.
• Livestock breeders: Livestock operations that use the agricultural insurance system to cover their herds against risks covered by insurance plans.
• Agricultural insurance companies: Entities integrated in AGROSEGURO that market combined agricultural insurance products. This agreement is their legal authorization to operate during 2026.
• ENESA: As a state entity, it is a signatory party and responsible for supervision and financing of the premium subsidy system.
• Agricultural cooperatives and sector organizations: To the extent that they advise their members on contracting subsidized agricultural insurance.

Practical example

A farmer with a cereal operation in Castilla y León wants to insure his harvest against climate risks such as drought, hail or late frosts for the 2026 campaign.

Thanks to the ENESA-AGROSEGURO agreement, he can go to any of the insurance companies integrated in AGROSEGURO and contract a combined agricultural insurance policy. The premium he pays is not the total cost of insurance: ENESA finances part of it through state subsidy, reducing the farmer's actual expense.

If a covered claim occurs during the campaign (for example, a hailstorm that destroys part of the harvest), AGROSEGURO manages the claim and settles the corresponding indemnity according to the framework established in the agreement. The farmer does not need to negotiate directly with the State: the system works in an integrated manner between ENESA and AGROSEGURO.

Without this agreement in force, the system would have no legal coverage for 2026 and subsidized policies could not be contracted or managed.

What should companies do now?

1. Farmers and livestock breeders: Review whether you have a combined agricultural insurance policy contracted for the 2026 campaign. The agreement has been in force since May 18, so policies can be contracted or renewed normally.
2. Check available coverage: Consult with an entity integrated in AGROSEGURO what agricultural insurance products are available for your type of operation and what climate and natural risks they cover.
3. Verify applicable subsidy: Contact ENESA or the insurance company to learn the percentage of premium subsidy that corresponds to your operation and crop or livestock herd in 2026.
4. Insurance companies integrated in AGROSEGURO: Confirm that your internal procedures for underwriting, claims management and settlement of indemnities are aligned with the operational framework established in the 2026 agreement.
5. Cooperatives and agricultural advisors: Inform your members and clients that the subsidized agricultural insurance system continues to operate in 2026 without changes to the general framework.