Government Support to Agricultural Insurance

Government Support to Agricultural Insurance PDF Author: Olivier Mahul
Publisher: World Bank Publications
ISBN: 0821382195
Category : Business & Economics
Languages : en
Pages : 250

Get Book Here

Book Description
Governments in developing countries have been increasingly involved in the support of agricultural (crop and livestock) insurance programs in recent years. In their attempts to design and implement agricultural insurance, they have sought technical and financial assistance from the international community and particularly from the World Bank. One of the recurrent requests from governments regards international experience with agricultural insurance, not only in developed countries, where in some cases agricultural insurance has been offered for more than a century, but also in middleand low-income countries. Governments are particularly interested in the technical, operational, financial, and institutional aspects of public support to agricultural insurance. 'Government Support to Agricultural Insurance' informs public and private decision makers involved in agricultural insurance about recent developments, with a particular focus on middle- and low-income countries. It presents an updated picture of the spectrum of institutional frameworks and experiences with agricultural insurance, ranging from countries in which the public sector provides no support to those in which governments heavily subsidize agricultural insurance. This analysis is based on a survey conducted by the World Bank s agricultural insurance team in 2008 in 65 developed and developing countries. Drawing on the survey results, the book identifies some key roles governments can play to support the development of sustainable, affordable, and cost-effective agricultural insurance programs.

Government Support to Agricultural Insurance

Government Support to Agricultural Insurance PDF Author: Olivier Mahul
Publisher: World Bank Publications
ISBN: 0821382195
Category : Business & Economics
Languages : en
Pages : 250

Get Book Here

Book Description
Governments in developing countries have been increasingly involved in the support of agricultural (crop and livestock) insurance programs in recent years. In their attempts to design and implement agricultural insurance, they have sought technical and financial assistance from the international community and particularly from the World Bank. One of the recurrent requests from governments regards international experience with agricultural insurance, not only in developed countries, where in some cases agricultural insurance has been offered for more than a century, but also in middleand low-income countries. Governments are particularly interested in the technical, operational, financial, and institutional aspects of public support to agricultural insurance. 'Government Support to Agricultural Insurance' informs public and private decision makers involved in agricultural insurance about recent developments, with a particular focus on middle- and low-income countries. It presents an updated picture of the spectrum of institutional frameworks and experiences with agricultural insurance, ranging from countries in which the public sector provides no support to those in which governments heavily subsidize agricultural insurance. This analysis is based on a survey conducted by the World Bank s agricultural insurance team in 2008 in 65 developed and developing countries. Drawing on the survey results, the book identifies some key roles governments can play to support the development of sustainable, affordable, and cost-effective agricultural insurance programs.

A Course in Credibility Theory and its Applications

A Course in Credibility Theory and its Applications PDF Author: Hans Bühlmann
Publisher: Springer Science & Business Media
ISBN: 354029273X
Category : Mathematics
Languages : en
Pages : 346

Get Book Here

Book Description
This book is ideal for practicing experts in particular actuaries in the field of property-casualty insurance, life insurance, reinsurance and insurance supervision, as well as teachers and students. It provides an exploration of Credibility Theory, covering most aspects of this topic from the simplest case to the most detailed dynamic model. The book closely examines the tasks an actuary encounters daily: estimation of loss ratios, claim frequencies and claim sizes.

Agricultural Risk Transfer

Agricultural Risk Transfer PDF Author: Roman Marco Hohl
Publisher: John Wiley & Sons
ISBN: 1119345634
Category : Business & Economics
Languages : en
Pages : 440

Get Book Here

Book Description
Gain a holistic view of agricultural (re)insurance and capital market risk transfer Increasing agricultural production and food security remain key challenges for mankind. In order to meet global food demand, the Food and Agriculture Organisation estimates that production has to increase by 50% by 2050 and requires large investments. Agricultural insurance and financial instruments have been an integral part to advancing productivity and are becoming more important in increasingly globalized and specialized agricultural supply chains in the wake of potentially more frequent and severe natural disasters in today’s key producing markets. Underwriting, pricing and transferring agricultural risks is complex and requires a solid understanding of the production system, exposure, perils and the most suitable products, which vastly differ among developed and developing markets. In the last decade, new insurance schemes in emerging agricultural markets have greatly contributed to the large growth of the industry from a premium volume of US$10.1 billion (2006) to US$30.7 billion (2017). This growth is bound to continue as insurance penetration and exposure increase and new schemes are being developed. Agricultural (re)insurance has become a cornerstone of sovereign disaster risk financing frameworks. Agricultural Risk Transfer introduces the main concepts of agricultural (re)insurance and capital market risk transfer that are discussed through industry case studies. It also discusses best industry practices for all main insurance products for crop, livestock, aquaculture and forestry risks including risk assessment, underwriting, pricing, modelling and loss adjustment. Describes agricultural production risks and risk management approaches Covers risk transfer of production and financial risks through insurance and financial instruments Introduces modelling concepts for the main perils and key data sources that support risk transfer through indemnity- and index-based products Describes risk pricing and underwriting approaches for crop, livestock, aquaculture and forestry exposure in developed and developing agricultural systems Become familiar with risk transfer concepts to reinsurance and capital markets Get to know the current market landscape and main risk transfer products for individual producers, agribusinesses and governments through theory and comprehensive industry case studies Through Agricultural Risk Transfer, you’ll gain a holistic view of agricultural (re)insurance and capital market solutions which will support better underwriting, more structured product development and improved risk transfer.

Supporting Indian Farms the Smart Way

Supporting Indian Farms the Smart Way PDF Author: Ashok Gulati
Publisher:
ISBN: 9789332704725
Category : Agricultural subsidies
Languages : en
Pages : 456

Get Book Here

Book Description


Crop insurance and crop productivity: Evidence from rice farmers in Eastern India

Crop insurance and crop productivity: Evidence from rice farmers in Eastern India PDF Author: Kumar, Anjani
Publisher: Intl Food Policy Res Inst
ISBN:
Category : Political Science
Languages : en
Pages : 42

Get Book Here

Book Description
The paper explores the spread of crop insurance in India and analyzes the factors affecting the demand for crop insurance. The study also assesses the impact of crop insurance on the rice yields of smallholder rice producers. Using data from a large farm-level survey from eastern India, the study tests for robustness of the findings after controlling for other covariates and endogeneity, using propensity score matching, coarsened exact matching, and endogenous switching regression models. Results indicate a positive and significant impact of crop insurance on rice yields.

Crop Insurance schemes in India: Special reference to Pradhan Mantri Fasal Bima Yojana (PMFBY)

Crop Insurance schemes in India: Special reference to Pradhan Mantri Fasal Bima Yojana (PMFBY) PDF Author: Veerabhadrappa Bellundagi
Publisher: Amazon Publishers, USA
ISBN:
Category : Reference
Languages : en
Pages : 79

Get Book Here

Book Description
India is an agrarian country, where half of the working population is engaged in agriculture and allied activities, for their livelihood, contributing 15.30 per cent to the country’s GDP in 2015-16. Insurance is a tool, inverse of game theory where losses suffered by few are covered from funds accumulated through small contributions made by many who are exposed to similar risk. The question of introduction of crop insurance in India was taken up for examination soon after independence in 1947. A special study to work out modalities of crop insurance was commissioned in 1947-48. World scenarioA wide range of agricultural insurance schemes based on different approaches exist in the world. The USA is currently the only country where revenue and income insurance exists. Revenue insurance is very important in USA, the 73 per cent of the premiums collected are coming from these types of insurance. In Japan there is a whole-farm insurance which covers against all climatic hazards for all crops on the farm. The Canadian system is mainly led by public insurance agencies, from the provincial governments. Indian scenarioIn 1972-73, the Department of Life Insurance Corporation of India introduced a Crop Insurance Scheme on H-4 cotton. Later many crop insurance schemes were implemented in India. At present, Pradhan Mantri Fasal Bima Yojana (PMFBY) was introduced. PMFBY is a crop insurance scheme launched by Prime Minister Narendra Modi led NDA Government. The scheme has been launched to cater the financial needs of the farmers in the event of crops destroyed by heavy rain, other natural calamities, pests or diseases. The scheme was implemented with a budget of Rs. 17,600 crore.The Pradhan Mantri Fasal Bima Yojana is new scheme implemented on 1st April, 2016. The scheme is expected to replace the existing schemes like National Agricultural Insurance Scheme (NAIS) and Modified NAIS (MNAIS). The scheme was introduced with a slogan of ‘minimum premium’, ‘maximum insurance’ for farmers. Premium is only one point five per cent for rabi crops, two per cent for kharif crops and five per cent for commercial and horticultural crops.

Agricultural Risk and Insurance in India

Agricultural Risk and Insurance in India PDF Author: S. S. Raju
Publisher:
ISBN: 9788171887651
Category : Agricultural insurance
Languages : en
Pages : 0

Get Book Here

Book Description
With special reference to Andhra Pradesh, India.

Crop Insurance for Agricultural Development

Crop Insurance for Agricultural Development PDF Author: P. B. R. Hazell
Publisher: IICA Biblioteca Venezuela
ISBN: 9780801826733
Category : Business & Economics
Languages : en
Pages : 368

Get Book Here

Book Description
Compilation, conference papers, research reports on crop insurance for agricultural development in developed countries and developing countries - considers farmers' and banks' demand as well as state aid for agricultural insurance; discusses practical experiences in Brazil, Japan and the USA. Bibliography, graphs, statistical tables.

Agrarian Crisis in India

Agrarian Crisis in India PDF Author: D. Narasimha Reddy
Publisher: Oxford University Press
ISBN: 0199088306
Category : Political Science
Languages : en
Pages : 251

Get Book Here

Book Description
This volume provides a comprehensive analysis of the macro- and micro-level issues associated with agrarian distress. It analyses structural, institutional, and policy changes, highlighting the failure of public support system in agriculture. The crisis manifests itself in the form of deceleration in growth and distress of farmers. The case studies from Maharashtra, Andhra Pradesh, Karnataka, Kerala, and Punjab bring out the diversity of conditions prevalent in the states.

Livestock and Aquaculture Insurance in Developing Countries

Livestock and Aquaculture Insurance in Developing Countries PDF Author: Richard A. J. Roberts
Publisher: Food & Agriculture Org.
ISBN: 9789251056752
Category : Business & Economics
Languages : en
Pages : 140

Get Book Here

Book Description
A brief introduction to the role of insurance as a risk management mechanism in livestock and aquaculture enterprises, exploring some of the complexities involved in the financial mechanism for risk sharing.