UPDATES
This report is the first in a series of thematic research reports on innovation in catastrophic weather insurance that are being developed by GlobalAgRisk through the support of the Bill and Melinda Gates Foundation. The SKR examines how weather index insurance products can be designed to compensate for data limitations within contextual considerations and poses questions for further research.
Presentation to stakeholders by Jerry Skees in Piura, Peru, on November 18, 2009 (Slide presentation)
Designing Agricultural Insurance in Developing Countries: A GlobalAgRisk Market Development Model Handbook for Policy and Decision Makers
This insurance education handbook is an edited version of a four-volume series of handbooks developed by GlobalAgRisk, Inc., of Lexington, Kentucky, under the Ford Foundation in Vietnam Grant 1080-1076, “Developing Index-based Agricultural Insurance to Enhance Rural Financial Markets for Poverty Reduction in Vietnam.” published and distributed in September, 2009, by the Information Center for Rural and Agricultural Development (AgroInfo), and Institute of Policy and Strategy for Agricultural and Rural development (IPSARD), Hanoi, Vietnam.
Ratemaking workshop by Jerry Skees on October 16, 2009, in Ulaanbaatar, Mongolia (Slide presentation)
Presentation by Jerry Skees at the meeting, Agricultural Insurance in Developing Countries: Practioners' Perspectives, Bill and Melinda Gates Foundation, Seattle, Washington, on September 21, 2009 (Slide presentation)
LEXINGTON, KY, July 1, 2009 — A new program to support the development and pilot testing of effective and affordable index-based weather insurance products for markets that serve small farmers has been launched by GlobalAgRisk, Inc., of Lexington, working with an arrangement with the University of Kentucky. A grant to GlobalAgRisk from the Bill and Melinda Gates Foundation supports this program as part of the Foundation’s efforts to create financial markets to serve the poor. (Full Press Release)
GlobalAgRisk specializes in developing innovative financial instruments for agricultural and weather risk management. This work includes designing, underwriting, actuarial analysis, and legal and regulatory advising to make new financial instruments viable in lower income countries. GlobalAgRisk has worked with governments, international donor agencies, and the private sector on the design, development, and implementation of risk transfer products with the goal of creating sustainable products that meet the needs of the rural poor.