In this article, we study the problem of optimal index insurance design under an expected utility maximization … of insurance applications including index- linked mortality securities, weather index agriculture insurance and index …-based catastrophe insurance. Our method is illustrated by a numerical example where weather index insurance is designed for protection …

understand the impact of a new insurance product first developed by Commodity Risk Management Group (CRMG) at the World Bank and …

, and climate change is predicted to intensify this problem. The Index-Based Livestock Insurance (IBLI) scheme piloted in …

This paper explores the impacts of traditional agricultural insurance that offers protection against climatic shocks on … small-scale tobacco farmers in Colombia. We analyze the impacts of access to the insurance on household financial outcomes … natural experimental setup of the form in which the insurance was launched. We find that tobacco producers with access to the …