Agricultural Insurance

There is a growing consensus among development community that the risk insurance can provide an effective risk management tool for mitigating the impacts of climatic and non-climatic disasters. Several risk insurance initiatives have been implemented at grassroots level for reducing the vulnerability of communities to disasters in most of the countries in Asia and the Pacific over the years.

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promoting-risk-financing-asia-pacific-lessons-agri-insurance_0.pdf

The purpose of this report is to summarize the main results and lessons learned during the implementation of the World Bank technical assistance (TA), which are valuable to the ongoing discussion on agricultural risk management in the region7. Between 2009 and 2012, the Bank provided advisory services to a total of six countries: Jamaica, Haiti, Guyana, Belize, Grenada, and the Dominican Republic. Given the importance of the agricultural sector and the heterogeneity of its production structure, a country-specific approach was an essential part of the technical assistance.

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Managing Agriculture Risks in the Caribbean 2012.pdf

This document analyzes the responses to the survey conducted to determine the status of requests received by the IICA Offices in the member countries with regard to risk management and, in particular, agricultural insurance. It includes a proposal for IICA actions in the matter.

As part of the commitment of the IICA General Directorate to transparency, and in order to contribute to building a single IICA, we present these results to all interested parties.

This article presents different topics and proposals for solving the problems facing the rural insurance system in Brazil, addressed at the seminar “Risk and the Management of Rural Insurance in Brazil,” held on June 24-26, 2008, at the Economics Institute of the University of Campinas (UNICAMP). Much of the discussion focused on the advantages of operating an insurance system vs.

In the province of Chaco, Argentina, for more than 15 years the financial relationship between banks and cotton farmers has been broken for various reasons, which resulted in the accumulation of tax and banking debts. This situation created an informal credit scheme through the suppliers of inputs very unfavorable for producers. By the lack of adequate financing to obtain crop inputs such as fertilizer and seeds, producers were unable to achieve the highest possible yields and quality and to manage the production and price risk in a positive and accountable way.

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Informe Económico Nº 2 - Fideicomiso Algodón.pdf

In October 2011, the CGIAR program on Climate Change, Agriculture and Food Security (CCAFS) and the Index Insurance Innovation Initiative (I4) organized a joint workshop hosted by the International Food Policy Research Institute (IFPRI). The workshop was designed to identify and address issues surrounding index‐based insurance for smallholder farmers and the rural poor in the developing world. Emphasis was placed on identifying key areas of research and learning for the academic and policy community to pursue.

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wksp-report_ccafs_v04.pdf

India’s crop insurance program is the world’s largest with 25 million farmers insured. However, issues in design, particularly related to delays in claims settlement, have led to 95 million farmer households not being covered, despite significant government subsidy. To address this and other problems, the Government of India is piloting a modified National Agricultural Insurance Scheme, a market-based scheme with involvement from the private sector.

Document: 

WPS5987.pdf

This presentation details some basic information about index insurance, followed by a review of the Mexico case-study example. Drawing the following conclusions:

Document: 

Wolff_rainfall_insurance_in_mexico.pdf