insurance in Western Australia. Design/methodology/approach – A farm survey was conducted with the cooperation of dryland … farmers belonging to Western Australian grower groups. The willingness to pay for hail insurance is modelled as a function of … risk aversion, risk of crop failure and government assistance; and the effect of expected crop yield in t/ha on the crop …

insurance industry. These are important impacts of the liberalization and opening of the German insurance market. With the aid …

These comments are a reaction to a panel discussion on Catastrophe Risk Management and Insurance. They point out that …

Purpose – Moral hazard is a concept that is central to risk and insurance management. It refers to change in economic …. Findings – Insurance generally induces health care (over) consumption. However, not every additional consumption, with or … asserts that the presence of an insurance contract increases the probability of a claim and the size of a claim. Through the …

they suggest that farmers in China would have an interest in purchasing weather insurance. Originality/value – The authors … believe that this is the first study conducted on weather insurance in China. The survey instrument is designed to … farmers would have a preference for weather insurance over other types of agricultural insurance. Design …

Purpose – In the USA, private insurance companies serve as an integral part of the delivery and risk sharing of the … designate an eligible crop insurance contract to the assigned risk, developmental, or commercial funds. While the SRA restricts … reinsurance. This information and framework may also be useful for crop insurance firms in China when considering crop reinsurance …

Purpose – China frequently suffers from weather‐related natural disasters and weather risk is recognized as a source of … wide‐spread systemic risk throughout large swaths of China. During these periods farmers' crops are at risk and for a … believe that this is the first willingness‐to‐pay study of weather insurance uptake in China. The authors used a unique …

: knowledge of crop insurance, previous purchases of crop insurance, trust of the crop insurance company, amount of risk taken on … fully generalize to all regions of China, for all situations. Practical implications – Crop insurance has been recently … expanded in China, and the information from this study should be useful for insurance companies and government policy makers …

with more risk should be more likely to buy crop insurance in pursuit of the benefits from SCIPs. Findings – However, both …Purpose – The purpose of this paper is to examine the efficiency of current subsidized crop insurance products (SCIPs …) in Miyun county, in northern China, by testing the existence of adverse selection. Design/methodology/approach – The …

prefer customers who use vaccine, farmers tend to treat vaccine as a substitute for insurance to prevent disease risk. Social …Purpose – This paper explored factors that impact insurance choices of demand (farmers) and supply (insurance companies … tendency from farmers and partially observe the supply tendency from insurance companies. Using bi‐vairate probit model, a …