Risk Modeling for Appraising Named Peril Index Insurance Products

Risk Modeling for Appraising Named Peril Index Insurance Products PDF Author: Shadreck Mapfumo
Publisher: World Bank Publications
ISBN: 1464810494
Category : Business & Economics
Languages : en
Pages : 394

Get Book Here

Book Description
Named peril index insurance has great potential to address unmet risk management needs for agricultural insurance in developing economies, potentially contributing to increased agricultural sustainability and improved food security. However, the development and appraisal of index insurance business lines is not without challenges. Insurers must rigorously evaluate the quality of the products they offer and take care to ensure that distributors and policyholders understand the benefits and limits of the purchased coverage. Without these important steps to ensure responsible insurance practices, insurers can damage the implementation and potential of index insurance in the market. Risk Modeling for Appraising Named Peril Index Insurance Products: A Guide for Practitioners helps stakeholders in the named peril index insurance industry appraise new and existing products. Part 1 of the guide provides a summary of the insights and decisions required for the insurer to make an informed decision to launch and expand an index insurance business line. Insurance managers are the primary audience for part 1. Part 2 provides a step-by-step guide to calculating the decision metrics used by the insurance manager in part 1. These metrics are calculated using probabilistic modeling that provides insights into risks related to the index insurance product. Actuarial analysts are the primary audience for part 2. In an increasingly competitive insurance market, creative product development and imaginative business strategies are becoming the norm. This guide will help emerging market insurers who seek to stay on the cutting edge to successfully and sustainably penetrate new market segments.

Risk Modeling for Appraising Named Peril Index Insurance Products

Risk Modeling for Appraising Named Peril Index Insurance Products PDF Author: Shadreck Mapfumo
Publisher: World Bank Publications
ISBN: 1464810494
Category : Business & Economics
Languages : en
Pages : 394

Get Book Here

Book Description
Named peril index insurance has great potential to address unmet risk management needs for agricultural insurance in developing economies, potentially contributing to increased agricultural sustainability and improved food security. However, the development and appraisal of index insurance business lines is not without challenges. Insurers must rigorously evaluate the quality of the products they offer and take care to ensure that distributors and policyholders understand the benefits and limits of the purchased coverage. Without these important steps to ensure responsible insurance practices, insurers can damage the implementation and potential of index insurance in the market. Risk Modeling for Appraising Named Peril Index Insurance Products: A Guide for Practitioners helps stakeholders in the named peril index insurance industry appraise new and existing products. Part 1 of the guide provides a summary of the insights and decisions required for the insurer to make an informed decision to launch and expand an index insurance business line. Insurance managers are the primary audience for part 1. Part 2 provides a step-by-step guide to calculating the decision metrics used by the insurance manager in part 1. These metrics are calculated using probabilistic modeling that provides insights into risks related to the index insurance product. Actuarial analysts are the primary audience for part 2. In an increasingly competitive insurance market, creative product development and imaginative business strategies are becoming the norm. This guide will help emerging market insurers who seek to stay on the cutting edge to successfully and sustainably penetrate new market segments.

Climate, Society and Elemental Insurance

Climate, Society and Elemental Insurance PDF Author: Kate Booth
Publisher: Routledge
ISBN: 1000591751
Category : Science
Languages : en
Pages : 233

Get Book Here

Book Description
In this book, world-leading social scientists come together to provide original insights on the capacities and limitations of insurance in a changing world. Climate change is fundamentally changing the ways we insure, and the ways we think about insurance. This book moves beyond traditional economics and financial understandings of insurance to address the social and geopolitical dimensions of this powerful and pervasive part of contemporary life. Insurance shapes material and social realities, and is shaped by them in turn. The contributing authors of this book show how insurance constitutes and is constituted through the traditional elements of earth, water, air, fire, and the novel element of big data. The applied and theoretical insights presented through this novel elemental approach reveal that insurance is more dynamic, multifaceted, and spatially variegated than commonly imagined. This book is an authoritative source on the capacities and limitations of insurance. It is a go-to reference for researchers and students in the social sciences – particularly those with an interest in economics and finance, and how these intersect with geography, politics, and society. It is also relevant for those in the disaster, environmental, health, natural, and social sciences who are interested in the role of insurance in addressing risk, resilience, and adaptation. The Open Access version of this book, available at www.taylorfrancis.com, has been made available under a Creative Commons Attribution-Non Commercial-No Derivatives 4.0 license.

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.

Innovation Ecosystems in Africa

Innovation Ecosystems in Africa PDF Author: Olugbenga Adesida
Publisher: Amalion Publishing
ISBN: 2359261169
Category : Social Science
Languages : en
Pages : 254

Get Book Here

Book Description
Innovation Ecosystems in Africa aims to deepen and broaden the visibility and interrogation of African innovation systems in practice by offering unique analysis of the emergence, growth and future prospects of endogenous innovation practices and lessons across the continent. The stories depict systemic innovations in a range of critical development areas from health and education to leadership and entrepreneurialism, and span from North to South, and East to West, covering more than a dozen different African cities and countries. In addition to sharing knowledge about exciting but rarely acknowledged cases of innovation in Africa, the book serves also as a work to inform policymakers and practitioners throughout Africa on how to learn from experiences towards developing more enabling innovation ecosystems to nurture creativity and solve the problems that we have. This book provides policymakers, business and opinion leaders both inspiration and useful policy takeaways that can guide strategies and support concrete measures to foster and speed up the pace of developmentally impactful innovation on the continent. Innovation Ecosystems in Africa builds upon the work of the African Innovation Summit (AIS), by further examining how the innovation systems environments in Africa function (or not) to address the most basic conditions of socio-economic and institutional development required on the continent. In this volume, learning case studies identified alongside the second Africa Innovation Summit (Kigali, June 2018) examine various sectoral exemplars and transversal dimensions to help inform insights about how policymakers and practitioners might develop more effective and impactful innovation-driven strategies, ecosystems and enterprises. This edited collection uses multi-country, cross-sectoral case studies to advance an empirically grounded, appreciative investigation of how innovation is being used to address fundamental development challenges on the continent, and how the African innovation ecosystems could be made more enabling into the future.

Climate Change and Water Resources in Africa

Climate Change and Water Resources in Africa PDF Author: Salif Diop
Publisher: Springer Nature
ISBN: 3030612252
Category : Technology & Engineering
Languages : en
Pages : 521

Get Book Here

Book Description
The focus of this book is on the key water-related vulnerabilities to climate change in Africa, particularly in its most vulnerable areas, exploring potential management responses to such vulnerabilities. The African countries are particularly exposed and vulnerable to the negative impacts of climate change, with important impacts on water resources and hydrological systems, water availability, water resource management and sea level variations. Already, under various anthropogenic pressures, the status of water resources in Africa has been changing over the past decades, with decreasing water quality, falling groundwater levels, and variability in rainfall, both in terms of timing and intensity. Climate change will further accelerate the rate of change, affecting the ability of people and societies to respond in a timely manner. It is clear that there is no quick fix to the pressures imposed on water resources by climate change. Increasing the resilience of ecosystems and communities to extreme events such as flooding and drought, and integrating climate change risks and opportunities into development decision-making is indeed a key challenge, as much a technical climate-change one, as a political and developmental challenge. The book, in this regard, intends to contribute to the debate around climate change in relation to water resources management in Africa, and in particular inform policy decisions and actions that will improve governments’ and communities’ ability to manage the challenges of climate change and variability in relation to the aquatic ecosystems that they depend on. The knowledge collected in this book will benefit policy makers, researchers, as well as other stakeholders.

Occupational Guidance for Agriculture

Occupational Guidance for Agriculture PDF Author: Keri Henkel
Publisher: Rowman & Littlefield
ISBN: 1493082957
Category : Business & Economics
Languages : en
Pages : 544

Get Book Here

Book Description
This comprehensive guide features in-depth descriptions of over 170 careers in agricultural fields. You can learn about the job duties, earnings, education and training requirements, high school preparation, outlook, and more for each career. Sources for additional information and informative web sites are also listed. There is much more to agriculture than production! This book feature these six career fields: education and communication; manangement, business, and economics; marketing, merchandising, sales, and services; production; science, engineering, and related professions; and social service.

Catastrophe Risk Financing in Developing Countries

Catastrophe Risk Financing in Developing Countries PDF Author: J. David Cummins
Publisher: World Bank Publications
ISBN: 0821377361
Category : Political Science
Languages : en
Pages : 299

Get Book Here

Book Description
'Catastrophe Risk Financing in Developing Countries' provides a detailed analysis of the imperfections and inefficiencies that impede the emergence of competitive catastrophe risk markets in developing countries. The book demonstrates how donors and international financial institutions can assist governments in middle- and low-income countries in promoting effective and affordable catastrophe risk financing solutions. The authors present guiding principles on how and when governments, with assistance from donors and international financial institutions, should intervene in catastrophe insurance markets. They also identify key activities to be undertaken by donors and institutions that would allow middle- and low-income countries to develop competitive and cost-effective catastrophe risk financing strategies at both the macro (government) and micro (household) levels. These principles and activities are expected to inform good practices and ensure desirable results in catastrophe insurance projects. 'Catastrophe Risk Financing in Developing Countries' offers valuable advice and guidelines to policy makers and insurance practitioners involved in the development of catastrophe insurance programs in developing countries.

Slaughterhouse

Slaughterhouse PDF Author: Gail A. Eisnitz
Publisher: Prometheus Books
ISBN: 1615920080
Category : Business & Economics
Languages : en
Pages : 329

Get Book Here

Book Description
Slaughterhouse is the first book of its kind to explore the impact that unprecedented changes in the meatpacking industry over the last twenty-five years — particularly industry consolidation, increased line speeds, and deregulation — have had on workers, animals, and consumers. It is also the first time ever that workers have spoken publicly about what’s really taking place behind the closed doors of America’s slaughterhouses. In this new paperback edition, author Gail A. Eisnitz brings the story up to date since the book’s original publication. She describes the ongoing efforts by the Humane Farming Association to improve conditions in the meatpacking industry, media exposés that have prompted reforms resulting in multimillion dollar appropriations by Congress to try to enforce federal inspection laws, and a favorable decision by the Supreme Court to block construction of what was slated to be one of the largest hog factory farms in the country. Nonetheless, Eisnitz makes it clear that abuses continue and much work still needs to be done.

Insurance Class Actions in the United States

Insurance Class Actions in the United States PDF Author: Nicholas M. Pace
Publisher: Rand Corporation
ISBN: 0833042696
Category : Law
Languages : en
Pages : 199

Get Book Here

Book Description
Class actions, which are civil cases in which parties initiate a lawsuit on behalf of other plaintiffs not specifically named in the complaint, often make headlines and arouse policy debates. However, policymakers and the public know little about most class actions. This book presents the results of surveys of insurers and of state departments of insurance to learn more about class litigation against insurance companies.

Dams and Public Safety

Dams and Public Safety PDF Author: Robert B. Jansen
Publisher:
ISBN:
Category : Dam failures
Languages : en
Pages : 348

Get Book Here

Book Description