recommendations that could substantially reduce the amount of public subsidies needed to keep the US crop insurance program solvent. … (RMA), on the actuarial performance of the US crop insurance program. Design/methodology/approach – The analyses are … for large subsidies does not necessarily imply that the program is systematically favoring less efficient farmers or …

recommendations that could substantially reduce the amount of public subsidies needed to keep the US crop insurance program solvent.  … (RMA), on the actuarial performance of the US crop insurance program. Design/methodology/approach – The analyses are … for large subsidies does not necessarily imply that the program is systematically favoring less efficient farmers or …

Purpose – The purpose of this paper is to examine a new insurance policy against natural disasters. Design … his farm if and only if insurance improves the utility he is expecting over a given year. Therefore, the paper takes the … paper proves that the market for insurance could grow with a combination of participating contracts and market …

Purpose – This article seeks to examine the reference yield calculation method used in crop insurance rating and … provides recommendations that could potentially improve actuarial performance of the Federal crop insurance program. Design … Federal crop insurance program. Findings – The results suggest that reference yields, which at the time of this study are …

Purpose – The purpose of this paper is to assess the losses of weather-related insurance at different regional levels …. The possibility of spatial diversification of insurance is explored by estimating the joint occurrence on unfavorable … increasing the trading area of insurance is limited. Research limitations/implications – The empirical findings are limited by a …

Purpose – While the demand for weather-based agricultural insurance in developed regions is limited, there exists … from observed historical data. An example drought insurance policy is presented where the fair rates are calculated using …

(ACRE) program on the risk‐reducing effectiveness of crop insurance products. Design/methodology/approach – Three crop … (APH) and crop revenue coverage (CRC) insurance instruments are considered separately under the 2002 Farm Bill and under … risk premium assumptions. Findings – Crop insurance contracts appear to be more effective under the 2002 Farm Bill than …

aims to assess whether adjusted gross revenue‐type insurance instruments meet insurability conditions when applied to dairy … sources of variation in adjusted gross revenue and adjusted gross revenue less feed purchases. In‐sample insurance premiums … trigger a higher frequency of indemnities under a whole farm revenue insurance contract. Research limitations …

Purpose – While the demand for weather‐based agricultural insurance in developed regions is limited, there exists … from observed historical data. An example drought insurance policy is presented where the fair rates are calculated using …

Purpose – The purpose of this paper is to assess the losses of weather‐related insurance at different regional levels …. The possibility of spatial diversification of insurance is explored by estimating the joint occurrence on unfavorable … increasing the trading area of insurance is limited. Research limitations/implications – The empirical findings are limited by a …