"Market-oriented reforms of infrastructure in developing countries tend to focus primarily on commercially viable services in urban areas. Nevertheless, an increasing number of countries are beginning to experiment with extending the market paradigm to infrastructure services in rural areas that...

"The authors examine the performance of the crop insurance scheme in Karnataka, a southern state of India and the second driest state in the country. Their analysis highlights weaknesses in product design, implementation challenges, and operational problems. The authors' finding is that the crop...

"Goodwin and Mahul identify the key issues and concerns that arise in the design and rating of crop yield insurance plans, with a particular emphasis on production risk modeling. The authors show how the availability of data shapes the insurance scheme and the ratemaking procedures. Relying on...

Bangladesh is ranked as the world's fifth most exposed country to natural disasters, including floods, cyclones, and droughts. The purpose of this study is to investigate the viability of agricultural insurance in Bangladesh, particularly for small and marginal farmers and to present the...

The objective of the Agricultural Insurance pre-feasibility study is to identify the institutional, operational, technical and financial challenges for the development of agricultural risk transfer solutions and insurance for rice, fruit and vegetables, livestock, and the aquaculture sector in...

The broad structure of Modified National Agricultural Insurance Scheme (mNAIS), the main crop insurance program in India, is technically sound and appropriate in the context of India. The NAIS is based on an indexed approach, where average crop yield of an insurance unit, or IU, (i.e., block) is...

At the request of Government of India (GOI), the World Bank has provided technical assistance to the public insurance company, Agriculture Insurance Company of India (AICI) to develop an actuarially sound rating methodology and improve the contract design of the area-yield based National...

The study focuses on how agricultural insurance can complement and enhance agricultural risk management in Latin America and Caribbean (LAC). The overall objective of this study is to provide the key elements for a strategy to increase the penetration of agricultural insurance in the region. The...