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 …