Monsoon Insurance
IMPACT OF INDEX MONSOON INSURANCE IN INDIA
Literature review
• AGRICULTURAL INSURANCE IN INDIA-A PERSPECTIVE By Dr. A. Amarender Reddy Scientist (Agricultural Economics) Indian Institute of Pulses Research, Kanpur-208024.
Abstract
Background the paper reviewed the innovative techniques in agricultural/rural insurance, which overcome some of the disadvantages of yield based group insurance and suggests rainfall (weather) index insurance as a better alternative/complement to the existing agricultural insurance scheme. The weather (rainfall) index based insurance is also more compatible with reinsurance practices worldwide, which make primary insurers to cover their local/regional risks by reinsuring themselves with international reinsures.
• Agriculture & Rural Development Working Paper 9
Innovative Financial Services for Rural India
Monsoon-Indexed Lending and Insurance for Smallholders
Ulrich Hess
The World Bank
Agricultural and Rural Development
Department
Abstract
This paper was prepared by Ulrich Hess. It draws extensively from author’s work on weather insurance and rural finance in India and Morocco
• Townsend, and James Vickery, \Barriers to Household Risk Management: Evidence from India," Harvard Business School Working Paper, 2010, 09 (116).
Abstract
What types of households buy index insurance? What factors prevent the remaining households from participating? And does the purchase of index insurance result in more efficient risk taking?
• Rainfall Index Insurance in India
Daniel Stein
Dissertation submitted to the Department of Economics for the degree of
Doctor of Philosophy in Economics at
The London School of Economics and Political Science
September 2011
Abstract
This thesis provides three works which each contribute to understanding of the promising yet struggling market for rainfall index insurance in India
Findings of the study
• Post impact of monsoon index
Literature review
• AGRICULTURAL INSURANCE IN INDIA-A PERSPECTIVE By Dr. A. Amarender Reddy Scientist (Agricultural Economics) Indian Institute of Pulses Research, Kanpur-208024.
Abstract
Background the paper reviewed the innovative techniques in agricultural/rural insurance, which overcome some of the disadvantages of yield based group insurance and suggests rainfall (weather) index insurance as a better alternative/complement to the existing agricultural insurance scheme. The weather (rainfall) index based insurance is also more compatible with reinsurance practices worldwide, which make primary insurers to cover their local/regional risks by reinsuring themselves with international reinsures.
• Agriculture & Rural Development Working Paper 9
Innovative Financial Services for Rural India
Monsoon-Indexed Lending and Insurance for Smallholders
Ulrich Hess
The World Bank
Agricultural and Rural Development
Department
Abstract
This paper was prepared by Ulrich Hess. It draws extensively from author’s work on weather insurance and rural finance in India and Morocco
• Townsend, and James Vickery, \Barriers to Household Risk Management: Evidence from India," Harvard Business School Working Paper, 2010, 09 (116).
Abstract
What types of households buy index insurance? What factors prevent the remaining households from participating? And does the purchase of index insurance result in more efficient risk taking?
• Rainfall Index Insurance in India
Daniel Stein
Dissertation submitted to the Department of Economics for the degree of
Doctor of Philosophy in Economics at
The London School of Economics and Political Science
September 2011
Abstract
This thesis provides three works which each contribute to understanding of the promising yet struggling market for rainfall index insurance in India
Findings of the study
• Post impact of monsoon index