Risk Modeling for Appraising Named Peril Index Insurance Products: A Guide for Practitioners
This guide was written to introduce a wider audience of insurers to index insurance as a risk management tool for agriculture. Index insurance, which is a relatively recent innovation, has exciting potential for addressing the need for agricultural insurance in developing economies. Even more significant, index insurance is a tool for achieving broader financial inclusion and for increasing investment in smart agricultural technologies in the regions of the world that need it most. Index insurance thus has the potential to contribute to increased agricultural sustainability and improved food security.
The main audience for this guide is the managers and actuarial analysts of insurance companies in developing countries interested in developing and evaluating named peril index insurance product lines. However, other stakeholders may find this guide useful, such as: farmer organizations, financial institutions, agriculture value chain actors, investors, insurance regulators, and students.
|File Name:||WB_Risk Modeling for Appraising Named Peril Index Insurance.pdf|
|Document Type:||Tool (sample documents, guidelines, worksheets, etc.)|
|Author:||Shadreck Mapfumo, Huybert Groenendaal, and Chloe Dugger|
|Activity:||545 visits to this page|