Microinsurance : A Case Study of the Indian Rainfall Index Insurance Market

Microinsurance : A Case Study of the Indian Rainfall Index Insurance Market

Rainfall index insurance provides a payout based on measured local rainfall during key phases of the agricultural season, and in principle can help rural households diversify a key source of idiosyncratic risk. This paper describes basic features o...

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Bibliographic Details
Main Authors: Giné, Xavier, Menand, Lev, Townsend, Robert, Vickery, James
Format: Policy Research Working Paper
Language:English
Published: 2012
Subjects:
ACCESS TO INFORMATION
ACCOUNTING
ADMINISTRATIVE COSTS
ADMINISTRATIVE DATA
AGRICULTURAL ECONOMICS
AGRICULTURAL INSURANCE
AGRICULTURAL INSURANCE SCHEME
ALLOCATION
BANK ACCOUNT
BANK POLICY
BANKS
BASIS RISK
BEHAVIORAL ECONOMICS
BONDS
BORROWING
BROKERS
BUSINESS SCHOOL
CALCULATIONS
CAPITAL MARKET
CASH PAYMENT
CLIMATE
CLIMATE CHANGE
CONSUMER
CONSUMER CREDIT
CONSUMER LOAN
CONSUMER PROTECTION
CONSUMPTION PATTERNS
CONSUMPTION SMOOTHING
CONTRACT DESIGN
CONTRIBUTION
COUPONS
CREDIT CONSTRAINTS
CREDIT PRODUCTS
CROP INSURANCE
CROP INSURANCE SCHEME
DAMAGES
DEBT
DEBT CAPACITY
DEVELOPING COUNTRIES
DEVELOPMENT ECONOMICS
DISABILITY
DISBURSEMENTS
DIVERSIFICATION
DROUGHT
DROUGHT INSURANCE
DROUGHTS
ECONOMIC DEVELOPMENT
EMERGING MARKETS
EXPENDITURE
EXTREME TAIL
EXTREME WEATHER
EXTREME WEATHER EVENTS
FAMILY MEMBER
FAMILY MEMBERS
FAMILY PLANNING
FEDERAL RESERVE
FEDERAL RESERVE BANK
FINANCIAL ASSISTANCE
FINANCIAL CONSTRAINTS
FINANCIAL INNOVATION
FINANCIAL INSTITUTION
FINANCIAL INSTITUTIONS
FINANCIAL LITERACY
FINANCIAL MARKET
FINANCIAL MARKETS
FINANCIAL PRODUCTS
FINANCIAL SERVICES
FINANCIAL SYSTEMS
FLOOD INSURANCE
GENERAL INSURANCE
GOVERNMENT ASSISTANCE
GOVERNMENT CROP INSURANCE
GOVERNMENT INSURANCE
GOVERNMENT SUBSIDIES
HOUSEHOLD CONSUMPTION
HOUSEHOLD INCOME
HOUSEHOLD INCOMES
HURRICANES
INCOME
INCOME SHOCKS
INCOME SMOOTHING
INCOME VARIABILITY
INDEMNITY
INFORMAL INSURANCE
INSURANCE
INSURANCE AGENTS
INSURANCE ARRANGEMENTS
INSURANCE COMPANIES
INSURANCE COMPANY
INSURANCE CONTRACT
INSURANCE CONTRACTS
INSURANCE COVERAGE
INSURANCE CULTURE
INSURANCE MARKET
INSURANCE MARKETS
INSURANCE PAYOUT
INSURANCE POLICIES
INSURANCE POLICY
INSURANCE PREMIUMS
INSURANCE PRODUCT
INSURANCE PRODUCTS
INSURANCE REGULATIONS
INSURANCE SCHEME
INSURANCE SCHEMES
INSURANCE UNDERWRITERS
INSURERS
INTEREST RATE
INTEREST RATES
INTEREST WAIVERS
INTERNATIONAL BANK
INTERNATIONAL DEVELOPMENT
INTERNATIONAL MARKETS
INVESTMENT CHOICE
LABOR MARKETS
LABOR SUPPLY
LANDOWNERS
LIQUID ASSETS
LIQUIDATION
LIQUIDITY
LIQUIDITY CONSTRAINTS
LIVESTOCK INSURANCE
LIVING STANDARDS
LOAN
LOAN DEMAND
LOCAL AREA BANK
LOCAL FINANCIAL INSTITUTIONS
LOST INCOME
LOW-INCOME
LOW-INCOME INDIVIDUALS
LOWER PRICES
MACROECONOMIC VOLATILITY
MARGINAL UTILITY
MARGINAL UTILITY OF CONSUMPTION
MARKET COMPETITION
MARKET DEMAND
MARKET PENETRATION
MARKET SHARE
MARKET SIZE
MARKET STRUCTURE
MARKETING
MATURE MARKET
MICRO INSURANCE
MICROCREDIT
MICROFINANCE
MICROFINANCE INSTITUTION
MICROFINANCE INSTITUTIONS
MICROINSURANCE
MONEYLENDERS
MORAL HAZARD
NATIONAL INSURANCE
NATURAL DISASTERS
OTHER ASSETS
POLICYHOLDERS
PORTFOLIO
PRICE OF COAL
PROBABILITY
PRODUCTIVITY
PROGRAMS
PURCHASES
RATE OF RETURN
RATES OF RETURN
REINSURANCE
REMITTANCE
REMITTANCES
RESOURCE ALLOCATION
RETURNS
RISK AVERSION
RISK INSURANCE
RISK MANAGEMENT
RISK MITIGATION
RISK OF DEFAULT
RISK REDUCTION
RISK SHARING
RISK TAKING
RISKS OF CLIMATE CHANGE
SALE
SALES
SAVINGS
SETTLEMENT
SOCIOECONOMIC STATUS
STOCK MARKET
SUSTAINABILITY
TRANSACTION
TRANSACTION COSTS
TRANSITORY INCOME
UNDERINSURED
UNDERWRITERS
VALUABLE
VALUATION
WEATHER INSURANCE
WELFARE PROGRAMS
WORST-CASE
WORTH
Online Access:http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20111116161636
http://hdl.handle.net/10986/4002

Internet

http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20111116161636
http://hdl.handle.net/10986/4002

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