| Description |
1 online resource (443 pages) |
| Contents |
Cover; Title Page; Copyright; Contents; Foreword; Introduction; Overview of Chapters; Acknowledgements; Special Thanks; Chapter 1 Agricultural Markets and Risk Management; 1.1 Introduction; 1.2 Trends and Challenges in the Agricultural Sector; Rising Demand; Challenged Supplies; 1.3 Risk Management in Agriculture; Risk Management Strategies; Market Risk Management; Production Risk Management; Farm Risk Management; Supply Chain Risk Management; Government Risk Management; Bibliography; Chapter 2 Concepts of Insurance; 2.1 Introduction; 2.2 Global Insurance Market; Overview of Global Markets |
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Agricultural Insurance2.3 Key Concepts of Insurance; Definition of Insurance; Risk Terminologies; Insurance Risk Management Frameworks; Key Components of an Insurance Policy; Liability Management; Insurance Operations; 2.4 Actuarial Insurance Pricing; Pricing Approaches; Adjustment of Historical Claims Data; Schedule Rating; Experience Rating; Exposure Rating; Catastrophe Risk Modelling; Main Modules of Catastrophe Models; Catastrophe Modelling for Agricultural Risks; Bibliography; Chapter 3 Agricultural Perils and Risk Modelling Concepts; 3.1 Introduction |
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3.2 Overview of Main Perils for AgricultureClassification of Perils; Natural Disasters and Agriculture; Climate Variability and Agriculture; 3.3 Drought; Types of Drought; Drought Losses; Drought Indices; Drought Models; Examples of Open Source Drought Data; 3.4 Flood; Types of Floods; Flood Losses; Flood Models; Examples of Open Source Flood Information; 3.5 Hail; Hail Formation; Measurement of Hail; Hail Damage to Crops; Hail Models; 3.6 Frost; Types of Frost; Frost Damage to Crops; Frost Models; 3.7 Snow; Definition and Measurement of Snow; Snow Damage to Agriculture; Snow Models |
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Examples of Open Source Snow Cover Data3.8 Cyclones; Types of Cyclones; Cyclone Losses; Tropical Cyclone Models; Windstorm Models for Forestry; Examples of Open Source Tropical Cyclone Track Data; 3.9 Wildfires; Definition and Cause of Wildfires; Wildfire Losses; Wildfire Models; Examples of Open Source Wildfire Data; 3.10 Epidemic Livestock Diseases; Government Response to Epidemic Diseases; Epidemic Disease Losses; Epidemic Disease Models; 3.11 Epidemic Aquaculture Diseases; Types of Epidemic Diseases for Aquaculture; Epidemic Disease Losses; Epidemic Diseases Models; Bibliography |
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Chapter 4 Agricultural Data and Proxies4.1 Introduction; 4.2 Climate Data; 4.2.1 Sources of Climate Data; 4.2.2 Satellite-Based Climate Data; Reanalysis Climate Data; Climate Models; Treatment of Climate Data; Discontinuities, Erroneous and Missing Climate Data; Detrending Climate Data; Probability Density Functions for Climate Data; Simulation of Precipitation and Temperature Fields; 4.3 Satellite Data; 4.3.1 Vegetation Monitoring; Vegetation Indices; Biophysical Indices; Remote Sensing-Based Crop Insurance in Emerging Economies; 4.3.2 Wildfire Monitoring; Wildfire Detection (Hotspots) |
| Summary |
Gain a holistic view of agricultural (re)insurance and capital market risk transfer Increasing agricultural production and food security remain key challenges for mankind. In order to meet global food demand, the Food and Agriculture Organisation estimates that production has to increase by 50% by 2050 and requires large investments. Agricultural insurance and financial instruments have been an integral part to advancing productivity and are becoming more important in increasingly globalized and specialized agricultural supply chains in the wake of potentially more frequent and severe natural disasters in today's key producing markets. Agricultural Risk Transfer introduces the main concepts of agricultural (re)insurance and capital market risk transfer that are discussed through industry case studies. It also discusses best industry practices for all main insurance products for crop, livestock, aquaculture and forestry risks including risk assessment, underwriting, pricing, modelling and loss adjustment.-Describes agricultural production risks and risk management approaches -Covers risk transfer of production and financial risks through insurance and financial instruments -Introduces modelling concepts for the main perils and key data sources that support risk transfer through indemnity- and index-based products -Describes risk pricing and underwriting approaches for crop, livestock, aquaculture and forestry exposure in developed and developing agricultural systems -Become familiar with risk transfer concepts to reinsurance and capital markets -Get to know the current market landscape and main risk transfer products for individual producers, agribusinesses and governments through theory and comprehensive industry case studies Through Agricultural Risk Transfer, you'll gain a holistic view of agricultural (re)insurance and capital market solutions which will support better underwriting, more structured product development and improved risk transfer |
| Notes |
Area Burnt Analyses |
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Print version record |
| Subject |
Agricultural insurance.
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Agriculture -- Risk management
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Agriculture -- Finance.
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BUSINESS & ECONOMICS -- Finance -- Financial Risk Management.
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Agricultural insurance
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Agriculture -- Finance
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| Form |
Electronic book
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| ISBN |
9781119345657 |
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1119345650 |
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