The appropriate role of agricultural insurance in developing countries

Multiple‐risk crop insurance programmes have proven expensive to governments but have not lived up to their expectations. Many agricultural risks cannot be insured on a financially sound basis, but there is scope for increased insurance of farm assets, of the life and health of rural people, and of...

Descripción completa

Detalles Bibliográficos
Autor principal: Hazell, Peter B. R.
Formato: Journal Article
Lenguaje:Inglés
Publicado: Wiley 1992
Materias:
Acceso en línea:https://hdl.handle.net/10568/170775
_version_ 1855520443675443200
author Hazell, Peter B. R.
author_browse Hazell, Peter B. R.
author_facet Hazell, Peter B. R.
author_sort Hazell, Peter B. R.
collection Repository of Agricultural Research Outputs (CGSpace)
description Multiple‐risk crop insurance programmes have proven expensive to governments but have not lived up to their expectations. Many agricultural risks cannot be insured on a financially sound basis, but there is scope for increased insurance of farm assets, of the life and health of rural people, and of some specific perils that affect crop and livestock yields. Such insurance could be efficiently provided by the private sector if governments were to remove some of the important constraints impinging on commercial insurers. The greatest challenge is to find ways of insuring low‐income rural households against natural hazards on a financially sound basis. Simple lottery schemes that provide insurance against catastrophic weather events (e.g. drought or flood) recorded at regional weather stations might prove effective.
format Journal Article
id CGSpace170775
institution CGIAR Consortium
language Inglés
publishDate 1992
publishDateRange 1992
publishDateSort 1992
publisher Wiley
publisherStr Wiley
record_format dspace
spelling CGSpace1707752025-01-29T12:57:19Z The appropriate role of agricultural insurance in developing countries Hazell, Peter B. R. crop insurance developing countries risk Multiple‐risk crop insurance programmes have proven expensive to governments but have not lived up to their expectations. Many agricultural risks cannot be insured on a financially sound basis, but there is scope for increased insurance of farm assets, of the life and health of rural people, and of some specific perils that affect crop and livestock yields. Such insurance could be efficiently provided by the private sector if governments were to remove some of the important constraints impinging on commercial insurers. The greatest challenge is to find ways of insuring low‐income rural households against natural hazards on a financially sound basis. Simple lottery schemes that provide insurance against catastrophic weather events (e.g. drought or flood) recorded at regional weather stations might prove effective. 1992-11 2025-01-29T12:57:19Z 2025-01-29T12:57:19Z Journal Article https://hdl.handle.net/10568/170775 en Limited Access Wiley Hazell, Peter B. R. 1992. The appropriate role of agricultural insurance in developing countries. Journal of International Development 4(6): 567-581. https://doi.org/10.1002/jid.3380040602
spellingShingle crop insurance
developing countries
risk
Hazell, Peter B. R.
The appropriate role of agricultural insurance in developing countries
title The appropriate role of agricultural insurance in developing countries
title_full The appropriate role of agricultural insurance in developing countries
title_fullStr The appropriate role of agricultural insurance in developing countries
title_full_unstemmed The appropriate role of agricultural insurance in developing countries
title_short The appropriate role of agricultural insurance in developing countries
title_sort appropriate role of agricultural insurance in developing countries
topic crop insurance
developing countries
risk
url https://hdl.handle.net/10568/170775
work_keys_str_mv AT hazellpeterbr theappropriateroleofagriculturalinsuranceindevelopingcountries
AT hazellpeterbr appropriateroleofagriculturalinsuranceindevelopingcountries