The Agricultural Insurance Market in the Caribbean

Vista sencilla de ítem
dc.creatorArias Carballo, Diego
dc.creatordos Reis, Laura
dc.date2014-02-12T19:02:35Z
dc.date2014-02-12T19:02:35Z
dc.date2013-03
dc.date.accessioned2026-07-01T00:32:13Z
dc.descriptionAgricultural insurance is a tool to manage agricultural production risks and help producers reduce the effects of negative shocks and improve the allocation of resources. It provides a mechanism to transfer a variety of risks faced by crop, livestock, forestry, or aquaculture production. The small island nations of the Caribbean are highly exposed to tropical cyclones, hurricanes, and other weather hazards-and are particularly vulnerable to drastic losses from natural disasters. A single catastrophic event can affect a large proportion of clients, and this is often reflected in the insurance premiums charged by local insurance companies, especially if they only underwrite risk in one or a few neighboring islands (as is common in the Caribbean). To be able to pay many claims all at once, insurers must either purchase their own insurance (re-insurance), which is expensive, due to the high exposure to extreme weather events, or hold a large amount of cash reserves. The development of market-based agricultural insurance options in the Caribbean can range from regional and macro-level applications (sector, country, or groups of countries) to the micro-level (farmers).
dc.formatapplication/pdf
dc.formattext/plain
dc.identifierhttp://documents.worldbank.org/curated/en/2013/03/17480783/agricultural-insurance-market-caribbean
dc.identifierhttps://hdl.handle.net/10986/17030
dc.identifierhttps://doi.org/10.1596/17030
dc.identifier.urihttp://hdl.handle.net/123456789/405576
dc.languageEnglish
dc.languageen_US
dc.publisherWorld Bank, Washington, DC
dc.relationEn breve;no. 183
dc.rightsCC BY 3.0 IGO
dc.rightshttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectACCESS TO INSURANCE
dc.subjectAGRICULTURAL INSURANCE
dc.subjectAGRICULTURAL PRODUCTION
dc.subjectALLOCATION
dc.subjectAPPLICATIONS
dc.subjectBANKS
dc.subjectCATASTROPHE INSURANCE
dc.subjectCATASTROPHE RISK FINANCING
dc.subjectCATASTROPHIC EVENT
dc.subjectCLIMATE
dc.subjectCLIMATE CHANGE
dc.subjectCOMMERCIAL INSURANCE
dc.subjectCOVERAGE
dc.subjectCROP DIVERSIFICATION
dc.subjectCROP INSURANCE
dc.subjectDEBT
dc.subjectDELIVERY MECHANISMS
dc.subjectDISASTER
dc.subjectDISASTER AID
dc.subjectDISASTER ASSISTANCE
dc.subjectDROUGHT
dc.subjectDROUGHTS
dc.subjectEARTHQUAKE
dc.subjectEARTHQUAKES
dc.subjectEMERGENCY RESPONSE
dc.subjectEXTREME WEATHER
dc.subjectEXTREME WEATHER EVENTS
dc.subjectFARMERS
dc.subjectFEASIBILITY
dc.subjectFINANCIAL CHALLENGES
dc.subjectFINANCIAL PRODUCTS
dc.subjectFLOOD
dc.subjectFLOODING
dc.subjectFLOODS
dc.subjectGENERAL INSURANCE
dc.subjectHURRICANE
dc.subjectHURRICANE SEASON
dc.subjectHURRICANES
dc.subjectINCOME
dc.subjectINDEMNITY
dc.subjectINSURANCE COMPANIES
dc.subjectINSURANCE COMPANY
dc.subjectINSURANCE CONTRACTS
dc.subjectINSURANCE INDUSTRY
dc.subjectINSURANCE INSTRUMENTS
dc.subjectINSURANCE LAW
dc.subjectINSURANCE MARKET
dc.subjectINSURANCE OPTIONS
dc.subjectINSURANCE POLICIES
dc.subjectINSURANCE PREMIUMS
dc.subjectINSURANCE REGULATIONS
dc.subjectINSURANCE SCHEME
dc.subjectINSURANCE SCHEMES
dc.subjectINSURERS
dc.subjectLEGISLATION
dc.subjectLIVESTOCK INSURANCE
dc.subjectNATURAL DISASTERS
dc.subjectPERSONAL SAVINGS
dc.subjectPORTFOLIO
dc.subjectPRIVATE INSURANCE
dc.subjectPROGRAMS
dc.subjectREINSURANCE
dc.subjectREINSURERS
dc.subjectRESERVES
dc.subjectRISK ASSESSMENT
dc.subjectRISK INSURANCE
dc.subjectRISK MANAGEMENT
dc.subjectRISK PROFILES
dc.subjectRISK TRANSFER
dc.subjectSAVINGS
dc.subjectSTORM
dc.subjectTROPICAL CYCLONES
dc.subjectTROPICAL STORMS
dc.subjectWARNING SYSTEM
dc.subjectWEATHER EVENT
dc.titleThe Agricultural Insurance Market in the Caribbean

Archivos

Colecciones

AgroKnow