China : Innovations in Agricultural Insurance
This report explains why agricultural insurance is expensive to deliver to small farm households, details risk assessment in four provinces, and recommends China put more resources in developing products that are more suited to an agricultural econ...
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| Format: | Other Agricultural Study |
| Language: | English en_US |
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Washington, DC
2013
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| Online Access: | http://documents.worldbank.org/curated/en/2007/06/16277579/china-china-innovations-agricultural-insurance-vol-1-2 http://hdl.handle.net/10986/12401 |
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okr-10986-124012021-04-23T14:03:01Z China : Innovations in Agricultural Insurance World Bank ACCIDENT ACCIDENT INSURANCE AGRICULTURAL COMMODITIES AGRICULTURAL INSURANCE AGRICULTURAL PRODUCTION ALLOCATION ANNUAL COST BROKERS CAPITAL REQUIREMENTS CASUALTY CASUALTY INSURANCE CATASTROPHE REINSURANCE CATASTROPHIC EVENTS CATASTROPHIC LOSSES CATASTROPHIC RISKS CENTRAL GOVERNMENT CLIMATE COINSURANCE COMMERCIAL INSURANCE CONSUMERS COOPERATIVES COST OF INSURANCE COST OF REINSURANCE COVERAGE CROP INSURANCE CROP INSURANCE PREMIUM CROP INSURANCE PRODUCT CROP INSURANCE PROGRAM CYCLONES DAMAGES DISASTER COMPENSATION DISASTERS DROUGHT DROUGHTS ECONOMIC COSTS ECONOMIC GROWTH ECONOMICS EXTREME TEMPERATURES FARMER FARMERS FINANCIAL BURDEN FINANCIAL CAPACITY FINANCIAL INSTITUTIONS FINANCIAL INTERMEDIARIES FINANCIAL MARKETS FINANCIAL RESOURCES FINANCIAL SECTOR FINANCIAL SUPPORT FLOOD FLOODING FLOODS GENERAL INSURANCE INCOME INDEMNITY INFORMATION SYSTEMS INSURABILITY INSURANCE ACTIVITIES INSURANCE ASSOCIATION INSURANCE COMPANIES INSURANCE COMPANY INSURANCE CONTRACTS INSURANCE INDEMNITIES INSURANCE INDUSTRY INSURANCE LAW INSURANCE MARKET INSURANCE MARKETS INSURANCE POLICIES INSURANCE POLICY INSURANCE PORTFOLIO INSURANCE PREMIUM INSURANCE PREMIUM RATES INSURANCE PREMIUMS INSURANCE PRODUCTS INSURANCE SECTOR INSURANCE SUPERVISORS INSURER INTERNATIONAL REINSURANCE LAND USE LEGAL FRAMEWORK LIFE INSURANCE LIFE INSURANCE PREMIUMS LIVESTOCK INSURANCE LOSS RATIO MITIGATION MORAL HAZARD MUTUAL INSURANCE COMPANIES NATURAL DISASTER NATURAL DISASTER REDUCTION NATURAL DISASTERS NON-LIFE INSURANCE PER CAPITA INCOME POLICY MAKERS POLICYHOLDERS PORTFOLIO PRIVATE INSURANCE PRIVATE REINSURANCE PROGRAMS PROPERTY INSURANCE PUBLIC INSURANCE RATES REGULATORY FRAMEWORK REINSURANCE CAPACITY REINSURANCE CONTRACT REINSURANCE MARKETS REINSURER REINSURERS RELIEF RESERVES RISK ASSESSMENT RISK DIVERSIFICATION RISK EXPOSURE RISK EXPOSURES RISK MANAGEMENT RISK PROFILES RISK REDUCTION RISK SHARING RISK TRANSFER SAFETY SAVINGS SOLVENCY STRUCTURAL MODELS SUPPLY SIDE TOTAL COST TYPHOON TYPHOONS UNDERWRITING WEATHER EVENTS This report explains why agricultural insurance is expensive to deliver to small farm households, details risk assessment in four provinces, and recommends China put more resources in developing products that are more suited to an agricultural economy that is dominated by small farm households. The report discusses the important role of government in supporting the legal and regulatory environment, access to data for new product development, risk sharing, and broader education of all stakeholders about the benefits of agricultural insurance. It also explains why this form of subsidy could provide improved incentives versus a direct subsidy for farmer premium. The report concludes with principle recommendations involving scalable product solutions, risk financing strategy, intuitional capacity building and technical assistance, legal and regulatory framework, and government support and public subsidies. 2013-02-19T22:21:24Z 2013-02-19T22:21:24Z 2007-06 http://documents.worldbank.org/curated/en/2007/06/16277579/china-china-innovations-agricultural-insurance-vol-1-2 http://hdl.handle.net/10986/12401 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Washington, DC Economic & Sector Work :: Other Agricultural Study Economic & Sector Work East Asia and Pacific China |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English en_US |
| topic |
ACCIDENT ACCIDENT INSURANCE AGRICULTURAL COMMODITIES AGRICULTURAL INSURANCE AGRICULTURAL PRODUCTION ALLOCATION ANNUAL COST BROKERS CAPITAL REQUIREMENTS CASUALTY CASUALTY INSURANCE CATASTROPHE REINSURANCE CATASTROPHIC EVENTS CATASTROPHIC LOSSES CATASTROPHIC RISKS CENTRAL GOVERNMENT CLIMATE COINSURANCE COMMERCIAL INSURANCE CONSUMERS COOPERATIVES COST OF INSURANCE COST OF REINSURANCE COVERAGE CROP INSURANCE CROP INSURANCE PREMIUM CROP INSURANCE PRODUCT CROP INSURANCE PROGRAM CYCLONES DAMAGES DISASTER COMPENSATION DISASTERS DROUGHT DROUGHTS ECONOMIC COSTS ECONOMIC GROWTH ECONOMICS EXTREME TEMPERATURES FARMER FARMERS FINANCIAL BURDEN FINANCIAL CAPACITY FINANCIAL INSTITUTIONS FINANCIAL INTERMEDIARIES FINANCIAL MARKETS FINANCIAL RESOURCES FINANCIAL SECTOR FINANCIAL SUPPORT FLOOD FLOODING FLOODS GENERAL INSURANCE INCOME INDEMNITY INFORMATION SYSTEMS INSURABILITY INSURANCE ACTIVITIES INSURANCE ASSOCIATION INSURANCE COMPANIES INSURANCE COMPANY INSURANCE CONTRACTS INSURANCE INDEMNITIES INSURANCE INDUSTRY INSURANCE LAW INSURANCE MARKET INSURANCE MARKETS INSURANCE POLICIES INSURANCE POLICY INSURANCE PORTFOLIO INSURANCE PREMIUM INSURANCE PREMIUM RATES INSURANCE PREMIUMS INSURANCE PRODUCTS INSURANCE SECTOR INSURANCE SUPERVISORS INSURER INTERNATIONAL REINSURANCE LAND USE LEGAL FRAMEWORK LIFE INSURANCE LIFE INSURANCE PREMIUMS LIVESTOCK INSURANCE LOSS RATIO MITIGATION MORAL HAZARD MUTUAL INSURANCE COMPANIES NATURAL DISASTER NATURAL DISASTER REDUCTION NATURAL DISASTERS NON-LIFE INSURANCE PER CAPITA INCOME POLICY MAKERS POLICYHOLDERS PORTFOLIO PRIVATE INSURANCE PRIVATE REINSURANCE PROGRAMS PROPERTY INSURANCE PUBLIC INSURANCE RATES REGULATORY FRAMEWORK REINSURANCE CAPACITY REINSURANCE CONTRACT REINSURANCE MARKETS REINSURER REINSURERS RELIEF RESERVES RISK ASSESSMENT RISK DIVERSIFICATION RISK EXPOSURE RISK EXPOSURES RISK MANAGEMENT RISK PROFILES RISK REDUCTION RISK SHARING RISK TRANSFER SAFETY SAVINGS SOLVENCY STRUCTURAL MODELS SUPPLY SIDE TOTAL COST TYPHOON TYPHOONS UNDERWRITING WEATHER EVENTS |
| spellingShingle |
ACCIDENT ACCIDENT INSURANCE AGRICULTURAL COMMODITIES AGRICULTURAL INSURANCE AGRICULTURAL PRODUCTION ALLOCATION ANNUAL COST BROKERS CAPITAL REQUIREMENTS CASUALTY CASUALTY INSURANCE CATASTROPHE REINSURANCE CATASTROPHIC EVENTS CATASTROPHIC LOSSES CATASTROPHIC RISKS CENTRAL GOVERNMENT CLIMATE COINSURANCE COMMERCIAL INSURANCE CONSUMERS COOPERATIVES COST OF INSURANCE COST OF REINSURANCE COVERAGE CROP INSURANCE CROP INSURANCE PREMIUM CROP INSURANCE PRODUCT CROP INSURANCE PROGRAM CYCLONES DAMAGES DISASTER COMPENSATION DISASTERS DROUGHT DROUGHTS ECONOMIC COSTS ECONOMIC GROWTH ECONOMICS EXTREME TEMPERATURES FARMER FARMERS FINANCIAL BURDEN FINANCIAL CAPACITY FINANCIAL INSTITUTIONS FINANCIAL INTERMEDIARIES FINANCIAL MARKETS FINANCIAL RESOURCES FINANCIAL SECTOR FINANCIAL SUPPORT FLOOD FLOODING FLOODS GENERAL INSURANCE INCOME INDEMNITY INFORMATION SYSTEMS INSURABILITY INSURANCE ACTIVITIES INSURANCE ASSOCIATION INSURANCE COMPANIES INSURANCE COMPANY INSURANCE CONTRACTS INSURANCE INDEMNITIES INSURANCE INDUSTRY INSURANCE LAW INSURANCE MARKET INSURANCE MARKETS INSURANCE POLICIES INSURANCE POLICY INSURANCE PORTFOLIO INSURANCE PREMIUM INSURANCE PREMIUM RATES INSURANCE PREMIUMS INSURANCE PRODUCTS INSURANCE SECTOR INSURANCE SUPERVISORS INSURER INTERNATIONAL REINSURANCE LAND USE LEGAL FRAMEWORK LIFE INSURANCE LIFE INSURANCE PREMIUMS LIVESTOCK INSURANCE LOSS RATIO MITIGATION MORAL HAZARD MUTUAL INSURANCE COMPANIES NATURAL DISASTER NATURAL DISASTER REDUCTION NATURAL DISASTERS NON-LIFE INSURANCE PER CAPITA INCOME POLICY MAKERS POLICYHOLDERS PORTFOLIO PRIVATE INSURANCE PRIVATE REINSURANCE PROGRAMS PROPERTY INSURANCE PUBLIC INSURANCE RATES REGULATORY FRAMEWORK REINSURANCE CAPACITY REINSURANCE CONTRACT REINSURANCE MARKETS REINSURER REINSURERS RELIEF RESERVES RISK ASSESSMENT RISK DIVERSIFICATION RISK EXPOSURE RISK EXPOSURES RISK MANAGEMENT RISK PROFILES RISK REDUCTION RISK SHARING RISK TRANSFER SAFETY SAVINGS SOLVENCY STRUCTURAL MODELS SUPPLY SIDE TOTAL COST TYPHOON TYPHOONS UNDERWRITING WEATHER EVENTS World Bank China : Innovations in Agricultural Insurance |
| geographic_facet |
East Asia and Pacific China |
| description |
This report explains why agricultural
insurance is expensive to deliver to small farm households,
details risk assessment in four provinces, and recommends
China put more resources in developing products that are
more suited to an agricultural economy that is dominated by
small farm households. The report discusses the important
role of government in supporting the legal and regulatory
environment, access to data for new product development,
risk sharing, and broader education of all stakeholders
about the benefits of agricultural insurance. It also
explains why this form of subsidy could provide improved
incentives versus a direct subsidy for farmer premium. The
report concludes with principle recommendations involving
scalable product solutions, risk financing strategy,
intuitional capacity building and technical assistance,
legal and regulatory framework, and government support and
public subsidies. |
| format |
Economic & Sector Work :: Other Agricultural Study |
| author |
World Bank |
| author_facet |
World Bank |
| author_sort |
World Bank |
| title |
China : Innovations in Agricultural Insurance |
| title_short |
China : Innovations in Agricultural Insurance |
| title_full |
China : Innovations in Agricultural Insurance |
| title_fullStr |
China : Innovations in Agricultural Insurance |
| title_full_unstemmed |
China : Innovations in Agricultural Insurance |
| title_sort |
china : innovations in agricultural insurance |
| publisher |
Washington, DC |
| publishDate |
2013 |
| url |
http://documents.worldbank.org/curated/en/2007/06/16277579/china-china-innovations-agricultural-insurance-vol-1-2 http://hdl.handle.net/10986/12401 |
| _version_ |
1764419960571953152 |