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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 after a period of severe climatic events that caused...
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The supply of affordable crop insurance is hampered by the existence of systemic weather risk which results in large … risk premiums. In this article, we assess the systemic nature of weather risk for 17 agricultural production regions in … the weather index and the strike level of the insurance. Our findings are relevant for insurers and insurance regulators …
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a catastrophic weather disaster occurs. Our focus is on the Index-Based Livestock Insurance (IBLI) in Mongolia. We … provide evidence on the beneficial effects of index insurance after a weather shock in a developing economy. …
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