ABSTRACT

ABSTRACT: Numerous documents that date back to 2,300 B.C. tell the incidence of “terrible drought” in the Iberian Peninsula, with a multitude of consequences. Being the entity responsible for the management of the private insurance business in the field of agricultural insurance, Agroseguro has considered that the best contribution to the study of drought in Spain and its effects on agricultural activity consists of bringing our experience. This experience is based on the results to ensure a wide range of crops, against the risk of drought, throughout the Spanish territory since 1983 in which this warranty is introduced into our insurance system. In more recent times, when is has been able to have the information necessary and adequate technical knowledge, new products have been developed to give a new level of protection. The insurance industry is ready to tackle the task and commit as it has done since 1983.