Innovating to Reduce Risk : The Case of Livestock Insurance in Mongolia
The Mongolia Index Based Livestock Insurance Project (P088816) is piloting insurance plans in three provinces, Bayankhongor, Uvs, and Khenti. It consists of five components. The first provides the mechanism to pilot two index-based livestock insura...
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| Format: | Brief |
| Language: | English |
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World Bank, Washington, DC
2012
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| Online Access: | http://documents.worldbank.org/curated/en/2007/10/8958053/innovating-reduce-risk-case-livestock-insurance-mongolia http://hdl.handle.net/10986/9557 |
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okr-10986-95572021-04-23T14:02:46Z Innovating to Reduce Risk : The Case of Livestock Insurance in Mongolia Belete, Nathan Larson, Gunnar ADMINISTRATIVE COSTS AGRICULTURAL WORKFORCE CATASTROPHIC EVENT CATASTROPHIC INSURANCE COVERAGE CROP INSURANCE CROP YIELDS DISASTER DISASTER MITIGATION DISASTER RESPONSE DISASTER RISK DROUGHT DROUGHTS FARMERS FODDER FOOD SECURITY HERDERS HERDING INCOME INDEMNITY INNOVATION INNOVATIONS INSTITUTIONAL CAPACITY INSURANCE COMPANIES INSURANCE INDUSTRY INSURANCE PLANS INSURANCE PRODUCTS INTERNATIONAL STRATEGY FOR DISASTER REDUCTION LIVELIHOOD SECURITY LIVESTOCK LIVESTOCK HUSBANDRY LIVESTOCK INSURANCE LIVESTOCK MANAGEMENT LIVESTOCK OWNERS LIVESTOCK PRODUCTIVITY MONITORING COSTS MORAL HAZARD MORTALITY NATIONAL HERD NATURAL DISASTER POLICYHOLDERS POOR POVERTY ALLEVIATION POVERTY IMPACT PRIVATE INSURANCE PRIVATE INSURANCE COMPANIES PROGRAMS RATES REINSURANCE REINSURANCE MARKETS RESERVES RISK MANAGEMENT RISK MITIGATION RURAL RURAL AREAS RURAL DEVELOPMENT RURAL ECONOMY RURAL FINANCE RURAL HOUSEHOLDS RURAL LIVELIHOODS RURAL POOR RURAL POVERTY SAFETY SAFETY NET SUSTAINABILITY WEATHER EVENTS The Mongolia Index Based Livestock Insurance Project (P088816) is piloting insurance plans in three provinces, Bayankhongor, Uvs, and Khenti. It consists of five components. The first provides the mechanism to pilot two index-based livestock insurance (IBLI) products. The second component of the project entails a variety of targeted promotional and public awareness activities to foster awareness and inform stakeholders about the details of the two products and the IBLI pilot. The third component supports the institutional framework and capacity necessary to expand the availability of the insurance products once the viability of IBLI instruments has been established. The fourth component monitors a variety of stakeholders during the IBLI pilot in tracking access by different social groups, monitoring how the two products are received, and in determining whether herders modify their behavior in response and, if so, how their behavior changes. The project's fifth component supports the project implementation unit in its management functions. The lessons learned also suggest themselves as potentially replicable by other project teams, and as warranting the attention of other governments that seek to manage the risks faced by livestock-dependent communities. 2012-08-13T08:57:08Z 2012-08-13T08:57:08Z 2007-10 http://documents.worldbank.org/curated/en/2007/10/8958053/innovating-reduce-risk-case-livestock-insurance-mongolia http://hdl.handle.net/10986/9557 English Agricultural and Rural Development Notes; No. 27 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research :: Brief Publications & Research East Asia and Pacific Mongolia |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English |
| topic |
ADMINISTRATIVE COSTS AGRICULTURAL WORKFORCE CATASTROPHIC EVENT CATASTROPHIC INSURANCE COVERAGE CROP INSURANCE CROP YIELDS DISASTER DISASTER MITIGATION DISASTER RESPONSE DISASTER RISK DROUGHT DROUGHTS FARMERS FODDER FOOD SECURITY HERDERS HERDING INCOME INDEMNITY INNOVATION INNOVATIONS INSTITUTIONAL CAPACITY INSURANCE COMPANIES INSURANCE INDUSTRY INSURANCE PLANS INSURANCE PRODUCTS INTERNATIONAL STRATEGY FOR DISASTER REDUCTION LIVELIHOOD SECURITY LIVESTOCK LIVESTOCK HUSBANDRY LIVESTOCK INSURANCE LIVESTOCK MANAGEMENT LIVESTOCK OWNERS LIVESTOCK PRODUCTIVITY MONITORING COSTS MORAL HAZARD MORTALITY NATIONAL HERD NATURAL DISASTER POLICYHOLDERS POOR POVERTY ALLEVIATION POVERTY IMPACT PRIVATE INSURANCE PRIVATE INSURANCE COMPANIES PROGRAMS RATES REINSURANCE REINSURANCE MARKETS RESERVES RISK MANAGEMENT RISK MITIGATION RURAL RURAL AREAS RURAL DEVELOPMENT RURAL ECONOMY RURAL FINANCE RURAL HOUSEHOLDS RURAL LIVELIHOODS RURAL POOR RURAL POVERTY SAFETY SAFETY NET SUSTAINABILITY WEATHER EVENTS |
| spellingShingle |
ADMINISTRATIVE COSTS AGRICULTURAL WORKFORCE CATASTROPHIC EVENT CATASTROPHIC INSURANCE COVERAGE CROP INSURANCE CROP YIELDS DISASTER DISASTER MITIGATION DISASTER RESPONSE DISASTER RISK DROUGHT DROUGHTS FARMERS FODDER FOOD SECURITY HERDERS HERDING INCOME INDEMNITY INNOVATION INNOVATIONS INSTITUTIONAL CAPACITY INSURANCE COMPANIES INSURANCE INDUSTRY INSURANCE PLANS INSURANCE PRODUCTS INTERNATIONAL STRATEGY FOR DISASTER REDUCTION LIVELIHOOD SECURITY LIVESTOCK LIVESTOCK HUSBANDRY LIVESTOCK INSURANCE LIVESTOCK MANAGEMENT LIVESTOCK OWNERS LIVESTOCK PRODUCTIVITY MONITORING COSTS MORAL HAZARD MORTALITY NATIONAL HERD NATURAL DISASTER POLICYHOLDERS POOR POVERTY ALLEVIATION POVERTY IMPACT PRIVATE INSURANCE PRIVATE INSURANCE COMPANIES PROGRAMS RATES REINSURANCE REINSURANCE MARKETS RESERVES RISK MANAGEMENT RISK MITIGATION RURAL RURAL AREAS RURAL DEVELOPMENT RURAL ECONOMY RURAL FINANCE RURAL HOUSEHOLDS RURAL LIVELIHOODS RURAL POOR RURAL POVERTY SAFETY SAFETY NET SUSTAINABILITY WEATHER EVENTS Belete, Nathan Larson, Gunnar Innovating to Reduce Risk : The Case of Livestock Insurance in Mongolia |
| geographic_facet |
East Asia and Pacific Mongolia |
| relation |
Agricultural and Rural Development Notes; No. 27 |
| description |
The Mongolia Index Based Livestock
Insurance Project (P088816) is piloting insurance plans in
three provinces, Bayankhongor, Uvs, and Khenti. It consists
of five components. The first provides the mechanism to
pilot two index-based livestock insurance (IBLI) products.
The second component of the project entails a variety of
targeted promotional and public awareness activities to
foster awareness and inform stakeholders about the details
of the two products and the IBLI pilot. The third component
supports the institutional framework and capacity necessary
to expand the availability of the insurance products once
the viability of IBLI instruments has been established. The
fourth component monitors a variety of stakeholders during
the IBLI pilot in tracking access by different social
groups, monitoring how the two products are received, and in
determining whether herders modify their behavior in
response and, if so, how their behavior changes. The
project's fifth component supports the project
implementation unit in its management functions. The lessons
learned also suggest themselves as potentially replicable by
other project teams, and as warranting the attention of
other governments that seek to manage the risks faced by
livestock-dependent communities. |
| format |
Publications & Research :: Brief |
| author |
Belete, Nathan Larson, Gunnar |
| author_facet |
Belete, Nathan Larson, Gunnar |
| author_sort |
Belete, Nathan |
| title |
Innovating to Reduce Risk : The Case of Livestock Insurance in Mongolia |
| title_short |
Innovating to Reduce Risk : The Case of Livestock Insurance in Mongolia |
| title_full |
Innovating to Reduce Risk : The Case of Livestock Insurance in Mongolia |
| title_fullStr |
Innovating to Reduce Risk : The Case of Livestock Insurance in Mongolia |
| title_full_unstemmed |
Innovating to Reduce Risk : The Case of Livestock Insurance in Mongolia |
| title_sort |
innovating to reduce risk : the case of livestock insurance in mongolia |
| publisher |
World Bank, Washington, DC |
| publishDate |
2012 |
| url |
http://documents.worldbank.org/curated/en/2007/10/8958053/innovating-reduce-risk-case-livestock-insurance-mongolia http://hdl.handle.net/10986/9557 |
| _version_ |
1764409799788724224 |