Government Support to Agricultural Insurance : Challenges and Options for Developing Countries

dc.creatorMahul, Olivier
dc.creatorStutley, Charles J.
dc.date2012-03-19T09:33:26Z
dc.date2012-03-19T09:33:26Z
dc.date2010
dc.date.accessioned2026-07-01T00:33:34Z
dc.descriptionGovernments in developing countries have been increasingly involved in the support of commercial agricultural (crop and livestock) insurance programs in recent years. A striking example is China, where, with support (and premium subsidies) from the central and provincial governments, the agricultural insurance market grew dramatically to become the second largest market in the world (after the United States) in 2008. In India and Mexico, weather-based crop insurance has been developed on a large scale to protect farmers against the vagaries of the weather. Many other countries have investigated the feasibility of agricultural insurance, and some have implemented pilot programs. This book aims to inform and update public and private decision makers involved in promoting agricultural insurance about recent developments in agriculture insurance. The literature is heavily biased toward the practice and experience of a few very large public-private programs in Northern America and Europe, which are driven by large public financial subsidies. This book provides decision makers with a framework for developing agricultural insurance. It is based on an analytical review of the rationale for public intervention in agricultural insurance and a detailed comparative analysis of crop and livestock insurance programs provided with and without government support in more than 65 developed and developing countries. The comparative analysis is based on a survey conducted by the World Bank's agricultural insurance team in 2008. 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.
dc.formatapplication/pdf
dc.formattext/plain
dc.identifierhttp://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000333037_20100407020856
dc.identifier978-0-8213-8217-2
dc.identifierhttps://hdl.handle.net/10986/2432
dc.identifierhttps://doi.org/10.1596/978-0-8213-8217-2
dc.identifier.urihttp://hdl.handle.net/123456789/406081
dc.languageEnglish
dc.publisherWorld Bank
dc.rightsCC BY 3.0 IGO
dc.rightshttp://creativecommons.org/licenses/by/3.0/igo
dc.rightsWorld Bank
dc.subjectACCIDENT
dc.subjectACCIDENTS
dc.subjectAGRICULTURAL ECONOMICS
dc.subjectAGRICULTURAL INSURANCE
dc.subjectAGRICULTURAL INSURANCE SCHEME
dc.subjectAGRICULTURAL INSURANCE SCHEMES
dc.subjectAGRICULTURAL PRODUCTION
dc.subjectASYMMETRIC INFORMATION
dc.subjectBANKS
dc.subjectBASIS RISK
dc.subjectBENEFICIARIES
dc.subjectBONDS
dc.subjectBROKERS
dc.subjectCAPITAL MARKETS
dc.subjectCATASTROPHE RISK FINANCING
dc.subjectCATASTROPHIC EVENTS
dc.subjectCATASTROPHIC INSURANCE
dc.subjectCATASTROPHIC RISKS
dc.subjectCLIMATE
dc.subjectCLIMATE CHANGE
dc.subjectCOINSURANCE
dc.subjectCOMMERCIAL INSURANCE
dc.subjectCONTINGENT LIABILITY
dc.subjectCOOPERATIVES
dc.subjectCOST OF CAPITAL
dc.subjectCOST OF INSURANCE
dc.subjectCOSTS OF INSURANCE
dc.subjectCREDIT INSURANCE
dc.subjectCROP INSURANCE
dc.subjectCROP INSURANCE PREMIUM
dc.subjectCROP INSURANCE PROGRAM
dc.subjectCROP INSURANCE SCHEME
dc.subjectDEVELOPMENT NETWORK
dc.subjectDISASTER
dc.subjectDISASTER RISK
dc.subjectDISASTERS
dc.subjectDONOR COMMUNITY
dc.subjectDROUGHT
dc.subjectDROUGHTS
dc.subjectEARTHQUAKE
dc.subjectEARTHQUAKES
dc.subjectECONOMIC ANALYSIS
dc.subjectECONOMIC COSTS
dc.subjectECONOMIC GROWTH
dc.subjectECONOMIC MODELS
dc.subjectECONOMIC WELFARE
dc.subjectENVIRONMENTAL POLICY
dc.subjectEXCHANGE RATES
dc.subjectEXTREME EVENTS
dc.subjectEXTREME WEATHER
dc.subjectEXTREME WEATHER EVENTS
dc.subjectFARMER
dc.subjectFEASIBILITY
dc.subjectFINANCIAL CHALLENGES
dc.subjectFINANCIAL COMPENSATION
dc.subjectFINANCIAL INSTITUTIONS
dc.subjectFINANCIAL LOSS
dc.subjectFINANCIAL MANAGEMENT
dc.subjectFINANCIAL MARKETS
dc.subjectFINANCIAL MECHANISM
dc.subjectFINANCIAL MECHANISMS
dc.subjectFINANCIAL PERFORMANCE
dc.subjectFINANCIAL RISK
dc.subjectFINANCIAL RISK MANAGEMENT
dc.subjectFINANCIAL SERVICES
dc.subjectFINANCIAL SUPPORT
dc.subjectFIRE
dc.subjectFLOOD
dc.subjectFLOODS
dc.subjectFUTURES
dc.subjectGENERAL INSURANCE
dc.subjectGROSS NATIONAL INCOME
dc.subjectHEALTH CARE
dc.subjectHEALTH RISK
dc.subjectHOUSING
dc.subjectHURRICANE
dc.subjectHURRICANES
dc.subjectINCOME
dc.subjectINDEMNITIES
dc.subjectINDEMNITY
dc.subjectINDEMNITY INSURANCE
dc.subjectINSURABILITY
dc.subjectINSURABLE INTEREST
dc.subjectINSURANCE AGENTS
dc.subjectINSURANCE BROKER
dc.subjectINSURANCE BROKERS
dc.subjectINSURANCE COMPANIES
dc.subjectINSURANCE COMPANY
dc.subjectINSURANCE CONTRACT
dc.subjectINSURANCE CONTRACTS
dc.subjectINSURANCE COVERAGE
dc.subjectINSURANCE CULTURE
dc.subjectINSURANCE EXPERTS
dc.subjectINSURANCE GUARANTEE
dc.subjectINSURANCE MARKET
dc.subjectINSURANCE MARKETS
dc.subjectINSURANCE POLICY
dc.subjectINSURANCE POOLS
dc.subjectINSURANCE PREMIUM
dc.subjectINSURANCE PREMIUM RATES
dc.subjectINSURANCE PREMIUMS
dc.subjectINSURANCE PRODUCT
dc.subjectINSURANCE PRODUCTS
dc.subjectINSURANCE SCHEMES
dc.subjectINSURANCE SECTOR
dc.subjectINSURANCE SOLUTIONS
dc.subjectINSURERS
dc.subjectINTEREST RATES
dc.subjectINTERNATIONAL FINANCIAL INSTITUTIONS
dc.subjectINTERNATIONAL FINANCIAL ORGANIZATIONS
dc.subjectINTERNATIONAL REINSURANCE
dc.subjectLIBERALIZATION
dc.subjectLIFE INSURANCE
dc.subjectLIFE INSURANCE PREMIUMS
dc.subjectLIVESTOCK INSURANCE
dc.subjectLOSS RATIO
dc.subjectMARKET FAILURE
dc.subjectMORAL HAZARD
dc.subjectMULTIPLE PERIL CROP INSURANCE
dc.subjectNATURAL DISASTER
dc.subjectNATURAL DISASTERS
dc.subjectNON-BANK
dc.subjectNON­LIFE INSURANCE
dc.subjectOUTBREAKS
dc.subjectPOLICY MAKERS
dc.subjectPORTFOLIO
dc.subjectPRICE RISK
dc.subjectPRICE VOLATILITY
dc.subjectPRIMARY INSURER
dc.subjectPRIVATE INSURANCE
dc.subjectPRIVATE INSURANCE COMPANIES
dc.subjectPROGRAMS
dc.subjectPROPERTY INSURANCE
dc.subjectPUBLIC INSURANCE
dc.subjectRATES
dc.subjectRE INSURANCE
dc.subjectREDUCING POVERTY
dc.subjectREGULATORY FRAMEWORK
dc.subjectREINSURANCE AGREEMENT
dc.subjectREINSURANCE CAPACITY
dc.subjectREINSURANCE COMPANIES
dc.subjectREINSURANCE CONTRACT
dc.subjectREINSURANCE MARKETS
dc.subjectREINSURER
dc.subjectREINSURERS
dc.subjectRELIEF
dc.subjectRESERVES
dc.subjectRISK ASSESSMENT
dc.subjectRISK AVERSION
dc.subjectRISK EXPOSURE
dc.subjectRISK MANAGEMENT
dc.subjectRISK MANAGEMENT POLICIES
dc.subjectRISK MITIGATION
dc.subjectRISK PROFILES
dc.subjectRISK REDUCTION
dc.subjectRISK TRANSFER
dc.subjectSAFETY
dc.subjectSAVINGS
dc.subjectSOCIAL ASSISTANCE
dc.subjectSOLVENCY
dc.subjectSTORM
dc.subjectSUBSISTENCE FARMERS
dc.subjectSUSTAINABILITY
dc.subjectTOTAL COST
dc.subjectTRANSACTIONS COSTS
dc.subjectTREATY REINSURANCE
dc.subjectUNCERTAINTIES
dc.subjectUNDERWRITING
dc.subjectWEATHER INSURANCE
dc.titleGovernment Support to Agricultural Insurance : Challenges and Options for Developing Countries

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