Description
Book SynopsisGain 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 contr
Table of Contents
Foreword ix
Introduction xi
Acknowledgements xiii
Special Thanks xv
CHAPTER 1 Agricultural Markets and Risk Management 1
CHAPTER 2 Concepts of Insurance 21
CHAPTER 3 Agricultural Perils and Risk Modelling Concepts 45
CHAPTER 4 Agricultural Data and Proxies 103
CHAPTER 5 Agricultural Insurance 149
CHAPTER 6 Crop Insurance 189
CHAPTER 7 Livestock Insurance 271
CHAPTER 8 Aquaculture Insurance 311
CHAPTER 9 Forest Insurance 333
CHAPTER 10 Risk Transfer to Reinsurance Markets 363
CHAPTER 11 Risk Transfer to Capital Markets 393
ACRONYMS AND ABBREVIATIONS 407
INDEX 409
