scholarly journals Evaluation of the crop insurance system in Poland

2019 ◽  
pp. 41-52
Author(s):  
Sylwester Kozak ◽  
Arkadiusz Weremczuk
Keyword(s):  
Crop Insurance ◽  
Insurance System

Ubezpieczenia upraw są jednym ze sposobów ograniczenia ryzyka występującego w produkcji rolnej. System dopłat stosowany od 2006 roku ma na celu zwiększenie obszaru upraw ubezpieczonych od ryzyka związanego z anomaliami pogodowymi. Celem niniejszego opracowania jest ocena funkcjonowania systemu ubezpieczenia upraw dotowanych przez Skarb Państwa. Wyniki badania wskazują, że system ten nie jest efektywny. Do 2018 roku ubezpieczeniem obejmowano około 3 mln ha upraw, w porównaniu do około 7 mln ha ustawowo wymaganych. Suma dopłat w latach 2008–2018 wyniosła 1,7 mld zł. Do najczęściej ubezpieczanych przez rolników rodzajów ryzyka należą przymrozki i ujemne skutki przezimowania oraz okresowo grad. Zwiększeniu atrakcyjności dotowanych ubezpieczeń upraw ma służyć zwiększenie dotacji na lata 2019 i 2020 do odpowiednio 1,2 i 1,4 mld zł. Niewystarczająca powierzchnia aktualnie ubezpieczonych upraw sprawia, że pozyskiwane przez zakłady ubezpieczeń składki są mniejsze od wypłacanych odszkodowań, co powoduje, że ubezpieczenia te stają się deficytowe i mogą zostać wycofywane z oferty ubezpieczycieli.

scholarly journals Hydrological drought index insurance for irrigation districts in Spain

2016 ◽  
Vol 14 (3) ◽  
pp. e0105 ◽  
Author(s):  
Teresa Maestro ◽  
Maria Bielza ◽  
Alberto Garrido
Keyword(s):  
Drought Index ◽  
Expert Panel ◽  
Crop Insurance ◽  
Hydrological Drought ◽  
Irrigated Agriculture ◽  
Index Insurance ◽  
Insurance Scheme ◽  
Insurance System ◽  
Irrigation Districts ◽  
Hydrological Drought Index

Hydrological droughts are a major risk for irrigated agriculture in many regions of the world. The aim of this article is to propose an insurance tool to help irrigators manage the risk of water scarcity in the framework of the Spanish Crop Insurance System (SCIS). Only the United States Insurance System provides this type of coverage, but has very restrictive conditions. To determine the type of insurance scheme that better fits with the SCIS and to the Spanish irrigated agriculture, an expert panel was held with the participation of all stakeholders involved in crop insurance. Following the expert panel conclusions, an hydrological drought index insurance (HDII) addressed to irrigation districts (ID) is proposed. It would compensate water deficits suffered in the whole ID. We detail the conditions that the ID should fulfill to be eligible for HDII. HDII is applied to the Bardenas Irrigation District V (ID-V) in Spain, and the hedging effectiveness of the instrument is analyzed comparing ID-V’s gross margins with and without the insurance contract. Results suggest that the proposed insurance scheme could provide an effective means of reducing farmers’ vulnerability to water shortages and there is no major impediment for it to be included as a new line in the SCIS. This type of insurance can be generalized to any ID fulfilling the conditions mentioned in this paper.

scholarly journals Evaluation of the crop insurance system in Poland

2019 ◽  
pp. 41-52
Author(s):  
Sylwester Kozak ◽  
Arkadiusz Weremczuk
Keyword(s):  
Crop Insurance ◽  
Insurance System

Ubezpieczenia upraw są jednym ze sposobów ograniczenia ryzyka występującego w produkcji rolnej. System dopłat stosowany od 2006 roku ma na celu zwiększenie obszaru upraw ubezpieczonych od ryzyka związanego z anomaliami pogodowymi. Celem niniejszego opracowania jest ocena funkcjonowania systemu ubezpieczenia upraw dotowanych przez Skarb Państwa. Wyniki badania wskazują, że system ten nie jest efektywny. Do 2018 roku ubezpieczeniem obejmowano około 3 mln ha upraw, w porównaniu do około 7 mln ha ustawowo wymaganych. Suma dopłat w latach 2008–2018 wyniosła 1,7 mld zł. Do najczęściej ubezpieczanych przez rolników rodzajów ryzyka należą przymrozki i ujemne skutki przezimowania oraz okresowo grad. Zwiększeniu atrakcyjności dotowanych ubezpieczeń upraw ma służyć zwiększenie dotacji na lata 2019 i 2020 do odpowiednio 1,2 i 1,4 mld zł. Niewystarczająca powierzchnia aktualnie ubezpieczonych upraw sprawia, że pozyskiwane przez zakłady ubezpieczeń składki są mniejsze od wypłacanych odszkodowań, co powoduje, że ubezpieczenia te stają się deficytowe i mogą zostać wycofywane z oferty ubezpieczycieli.

scholarly journals Piloting a Weather-Index-Based Crop Insurance System in Bangladesh: Understanding the Challenges of Financial Instruments for Tackling Climate Risks

2021 ◽  
Vol 13 (15) ◽  
pp. 8616
Author(s):  
Abdullah Al-Maruf ◽  
Sumyia Akter Mira ◽  
Tasnim Nazira Rida ◽  
Md Saifur Rahman ◽  
Pradip Kumar Sarker ◽  
...  
Keyword(s):  
Rural Areas ◽  
Crop Insurance ◽  
Pilot Project ◽  
Poverty Line ◽  
Weather Data ◽  
Financial Instruments ◽  
Weather Index ◽  
Insurance System ◽  
Climate Risks ◽  
Insurance Mechanism

Bangladesh is one of the most vulnerable countries in the world to extreme climate events. With over 60% of its population living in rural areas, over a third of which lives under the poverty line and depends on agriculture, these climate stresses constitute a major challenge. The traditional financial instruments, e.g., microcredit and relief programs, continue today. However, how climate risk can be tackled through innovative financial instruments focusing on agriculture farms and farmers is crucial. Considering this issue, the Sadharan Bima Corporation and the Bangladesh Meteorological Department joined forces in 2014 to launch a $2.5 million three-year pilot project on weather-index-based crop insurance (WIBCI) executed by the Financial Institutions Division of the Bangladesh government’s Ministry of Finance. This study examined the basic strategy of this pilot project, the major challenges confronted, and possible solutions for creating a successful weather-index-based crop insurance scheme in Bangladesh. We relied on key informant interviews, informal discussions, focus group discussions, and in-depth interviews with the major stakeholders of the WIBCI pilot. These showed the WIBCI pilot to be a promising initiative that still faces problems from limited weather data, a costly business operations system, farmer insurance illiteracy, and fatalism, as well as problems with designing insurance products and recruiting qualified personnel. We compared this WIBCI pilot against the challenges of other projects, recommending best practices for a viable weather-index-based crop insurance system. The insurance mechanism of this study may apply to other vegetation sectors of Bangladesh, e.g., forest plantation or agroforestry for protecting natural resources from natural disasters.

scholarly journals Problems, Prospects and Policy Recommendations of Crop Insurance Schemes

2021 ◽  
pp. 1-9
Author(s):  
Meenu Punia ◽  
Parveen Kumar Nimbrayan ◽  
K. K. Yadav
Keyword(s):  
Crop Insurance ◽  
Domestic Animals ◽  
Policy Recommendations ◽  
Yield Estimation ◽  
Loss Assessment ◽  
Insurance System

This paper discusses the findings of the study in the area of crop insurance. Firstly it studied the problems faced under PMFBY, secondly examines prospects of given scheme. The study was conducted in six districts of Haryana namely, Kaithal, Bhiwani, Karnal, Hisar, Panipat and Fatehabad. The study showed the results of a survey of 240 farmers being carried in June 2018 to September, 2018. Constraints generally faced by the borrower farmers like delay in claim settlement (21.66%), inaccurate yield estimation (20.83%), inadequate implementation (20.00%), lack of awareness about the scheme and exclusion of a malicious damage, theft and grazed and destroyed by domestic animals etc. as 3.33 per cent as major constraints. Majority of non-borrower farmers faced constraints like claim paid for loss assessment (20.83%) as highest per cent, lack of faith in insurance system (19.17%) and inadequate implementation (16.67%).

scholarly journals Blockchain Based Crop Insurance: A Decentralized Insurance System for Modernization of Indian Farmers

2021 ◽  
Vol 13 (16) ◽  
pp. 8921
Author(s):  
Nishant Jha ◽  
Deepak Prashar ◽  
Osamah Ibrahim Khalaf ◽  
Youseef Alotaibi ◽  
Abdulmajeed Alsufyani ◽  
...  
Keyword(s):  
Open Source ◽  
Low Cost ◽  
Crop Insurance ◽  
Acceptance Testing ◽  
Insurance System ◽  
Average Latency ◽  
Insurance Firms ◽  
Block Formation ◽  
End To End ◽  
The Cost

Conventional crop insurance systems are complex and often not economically feasible. Farmers are often reluctant to be covered for their crops due to lack of trust in insurance firms and the fear of delayed or non-payment of claims. In this paper, a blockchain based crop insurance solution is suggested. The solution suggested in this paper is an affordable, efficient, low cost crop insurance solution which will ensure many farmers are insured and benefiting from timely crop insurance. Currently the cost of administering insurance is an essential barrier to accessing this facility. With the proper use of blockchain based on ethereum this expense can be reduced dramatically. We have conducted various tests on platforms such as Google Cloud and found that the least throughput is 165 transactions. Upon analysis we have found that the time taken by the block formation is directly proportional to the timing of processing. The end-to-end average latency of the system was achieved as 31.2 s, which was quite effective for the infrastructure what we are using. Upon conducting acceptance testing, we found that the system suggested in the paper is effective and we are planning to release the application on open source platforms for future improvements.

ON THE MEDICAL INSURANCE SYSTEM IN JAPAN

1955 ◽  
Vol 6 (3) ◽  
pp. 177-179
Author(s):  
Jo Ono
Keyword(s):  
Medical Insurance ◽  
Insurance System
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