LEADER 03113oam 22004575 450 001 9910818766803321 005 20180125101049.0 024 7 $a10.1596/978-1-4648-1048-0 035 $a(CKB)3710000001362609 035 $a(MiAaPQ)EBC4857525 035 $a(The World Bank)211048 035 $a(US-djbf)211048 035 $a(EXLCZ)993710000001362609 100 $a20020129d2017 uf 0 101 0 $aeng 135 $aurcn||||||||| 181 $ctxt$2rdacontent 182 $cc$2rdamedia 183 $acr$2rdacarrier 200 10$aRisk Modeling for Appraising Named Peril Index Insurance Products : $eA Guide for Practitioners /$fShadreck Mapfumo 210 1$aWashington, D.C. :$cThe World Bank,$d2017. 215 $a1 online resource (312 pages) 225 1 $aDirections in Development;Directions in Development - Agriculture and Rural Development 311 $a1-4648-1049-4 311 $a1-4648-1048-6 330 3 $aNamed peril index insurance has great potential to address unmet risk management needs for agricultural insurance in developing economies, potentially contributing to increased agricultural sustainability and improved food security. However, the development and appraisal of index insurance business lines is not without challenges. Insurers must rigorously evaluate the quality of the products they offer and take care to ensure that distributors and policyholders understand the benefits and limits of the purchased coverage. Without these important steps to ensure responsible insurance practices, insurers can damage the implementation and potential of index insurance in the market. Risk Modeling for Appraising Named Peril Index Insurance Products: A Guide for Practitioners helps stakeholders in the named peril index insurance industry appraise new and existing products. Part 1 of the guide provides a summary of the insights and decisions required for the insurer to make an informed decision to launch and expand an index insurance business line. Insurance managers are the primary audience for part 1. Part 2 provides a step-by-step guide to calculating the decision metrics used by the insurance manager in part 1. These metrics are calculated using probabilistic modeling that provides insights into risks related to the index insurance product. Actuarial analysts are the primary audience for part 2. In an increasingly competitive insurance market, creative product development and imaginative business strategies are becoming the norm. This guide will help emerging market insurers who seek to stay on the cutting edge to successfully and sustainably penetrate new market segments. 410 0$aWorld Bank e-Library. 606 $aInsurance 606 $aAgriculture 615 0$aInsurance. 615 0$aAgriculture. 676 $a368 700 $aMapfumo$b Shadreck$01713492 702 $aGroenendaal$b Huybert 702 $aDugger$b Chloe 801 0$bDJBF 801 1$bDJBF 906 $aBOOK 912 $a9910818766803321 996 $aRisk Modeling for Appraising Named Peril Index Insurance Products$94106527 997 $aUNINA