INSURANCE
Aquaculture insurance protects floating food systems
Floating economy coverage reduces risk in offshore fish farming.
Image by BlueLifeHub.
As aquaculture expands offshore, risk management becomes critical. Fish farms face stock mortality, disease outbreaks, predation, and storm damage. Insurance solutions are emerging to stabilize returns and support investment in The Floating Economy.
Global Insurers in Aquaculture: A FAO study lists companies providing aquaculture coverage worldwide, including Gjensidige Forsikring (Norway), Munich Re, Swiss Re, and Lloyd’s of London.
Munich Re – Stock Mortality Insurance: Through its Global Aquaculture Insurance Consortium, Munich Re offers “Aquaculture Stock Mortality Insurance,” covering losses from storms, structural failures, and predators.
Munich Re – Agriculture & Aquaculture Reinsurance: Munich Re also includes aquaculture within its broader agricultural reinsurance solutions, helping spread risks and enable farm expansion.
Aquaculture insurance is still developing, but these offerings show how risk transfer can unlock capital and safeguard offshore farms. As The Floating Economy grows, insurers will play a pivotal role in protecting floating food infrastructure.
—TFI
The Floating Institute is all about advancing knowledge of the global floating economy.
