Gerenciamento de Risco na Agricultura Brasileira: Instrumentos, Políticas Públicas e Perspectivas

The report analyzes Brazil's agricultural risk management landscape, highlighting a significant gap in insurance coverage compared to global peers like the US and China. It examines key programs such as the PSR, Proagro, Garantia-Safra, and PGPM, noting high market concentration and a heavy reliance on credit over insurance. The authors argue that inadequate risk management leads to underinvestment and inefficient land use, recommending a shift in public funding from rural credit to insurance subsidies and the expansion of the Agricultural Climate Risk Zoning (ZARC) system.

• Brazil's agricultural insurance market is underdeveloped compared to other major producers; only 15% of cultivated area is insured, whereas the US covers approximately 90%, China 70%, and India 40%.
• The Brazilian rural insurance market is highly concentrated, with only 14 insurers present in 2019 and a single company, Brasilseg Companhia de Seguros, controlling over 52.3% of the market.
• Public funding is heavily skewed toward rural credit rather than risk management; for the 2019/20 agricultural year, nearly R$ 225.6 billion was allocated to credit programs (PAP and Pronaf), while the PSR subsidy average between 2010 and 2019 was around R$ 383.6 million.
• The Programa de Subvenção ao Prêmio do Seguro Rural (PSR) is heavily concentrated in soybean crops, which accounted for 49% of the insured value between 2006 and 2018.
• The Proagro program provides broader geographic and crop coverage than the PSR, covering 58.5% of municipalities compared to the PSR's 38.2%, with a strong concentration in the South region, particularly Rio Grande do Sul.
• The Agricultural Climate Risk Zoning (ZARC) system has significantly reduced production risks, generating an estimated economy of R$ 16.8 billion for agribusiness in 2018.
• The re-insurance market in Brazil is dominated by two firms, IRB Brasil Resseguros S/A and SCOR Brasil Resseguros S/A, who together held over 80% of the market in 2019.
• Market failures in rural insurance lead producers to make inefficient production decisions, such as avoiding high-return technologies or failing to specialize crops to protect against natural and price risks, which negatively impacts productivity and land use.
• The Garantia-Safra program serves as a conditional benefit for low-income family farmers in the semi-arid region, paying R$ 850 (in five installments) to eligible producers since the 2013/14 agricultural year.

APA

Souza, P., & Assunção, J. (2020). Gerenciamento de Risco na Agricultura Brasileira: Instrumentos, Políticas Públicas e Perspectivas. Climate Policy Initiative. https://www.climatepolicyinitiative.org/wp-content/uploads/2020/08/Relatorio-Gerenciamento-de-Risco-na-Agricultura-Brasileira-1.pdf

Chicago

Souza, Priscila, and Juliano Assunção. Gerenciamento de Risco na Agricultura Brasileira: Instrumentos, Políticas Públicas e Perspectivas. Climate Policy Initiative, 2020. https://www.climatepolicyinitiative.org/wp-content/uploads/2020/08/Relatorio-Gerenciamento-de-Risco-na-Agricultura-Brasileira-1.pdf.

Wikipedia

{{cite report |last1=Souza |first1=Priscila |last2=Assunção |first2=Juliano |title=Gerenciamento de Risco na Agricultura Brasileira: Instrumentos, Políticas Públicas e Perspectivas |publisher=Climate Policy Initiative |date=August 2020 |url=https://www.climatepolicyinitiative.org/wp-content/uploads/2020/08/Relatorio-Gerenciamento-de-Risco-na-Agricultura-Brasileira-1.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{souza2020gerenciamento, author = {Souza, Priscila and Assunção, Juliano}, title = {{Gerenciamento de Risco na Agricultura Brasileira: Instrumentos, Políticas Públicas e Perspectivas}}, institution = {Climate Policy Initiative}, year = {2020}, month = aug, url = {https://www.climatepolicyinitiative.org/wp-content/uploads/2020/08/Relatorio-Gerenciamento-de-Risco-na-Agricultura-Brasileira-1.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }