Microinsurance: a case study of the Indian rainfall index insurance market
Rainfall index insurance provides a payout based on measured local rainfall during key phases of the agricultural season, and in principle can help rural households diversify a key source of idiosyncratic risk. This paper describes basic features of rainfall insurance contracts offered in India sinc...
Saved in:
| Main Author: | |
|---|---|
| Format: | Electronic eBook |
| Language: | English |
| Published: |
Washington, D.C
The World Bank
2010
|
| Online Access: | Volltext |
| Summary: | Rainfall index insurance provides a payout based on measured local rainfall during key phases of the agricultural season, and in principle can help rural households diversify a key source of idiosyncratic risk. This paper describes basic features of rainfall insurance contracts offered in India since 2003, and documents stylized facts about market demand and the distribution of payouts. The authors summarize the results of previous research on this market, which provides evidence that price, liquidity constraints, and trust all present significant barriers to increased take-up. They also discuss potential future prospects for rainfall insurance and other index insurance products |
| Physical Description: | 1 Online-Ressource (45 p) |
| DOI: | 10.1596/1813-9450-5459 |
Staff View
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| id | DE-604.BV048264902 |
| illustrated | Not Illustrated |
| index_date | 2024-07-03T19:59:50Z |
| indexdate | 2025-02-20T07:18:59Z |
| institution | BVB |
| language | English |
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| physical | 1 Online-Ressource (45 p) |
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| publisher | The World Bank |
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| spellingShingle | Giné, Xavier Microinsurance a case study of the Indian rainfall index insurance market |
| title | Microinsurance a case study of the Indian rainfall index insurance market |
| title_auth | Microinsurance a case study of the Indian rainfall index insurance market |
| title_exact_search | Microinsurance a case study of the Indian rainfall index insurance market |
| title_exact_search_txtP | Microinsurance a case study of the Indian rainfall index insurance market |
| title_full | Microinsurance a case study of the Indian rainfall index insurance market Xavier Giné |
| title_fullStr | Microinsurance a case study of the Indian rainfall index insurance market Xavier Giné |
| title_full_unstemmed | Microinsurance a case study of the Indian rainfall index insurance market Xavier Giné |
| title_short | Microinsurance |
| title_sort | microinsurance a case study of the indian rainfall index insurance market |
| title_sub | a case study of the Indian rainfall index insurance market |
| url | https://doi.org/10.1596/1813-9450-5459 |
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