ABSTRACT
Environmental uncertainties are externalities part that had been measured in many economic models yet still cannot be estimated in an accurate manner. This resulted in loss of millions of dollars, and in turn affects the household income of the farmers in Malaysia. During the years...
ABSTRACT
Vietnam is one of countries predicted to be among the most affected by climate change due to its geographic location, long coastlines, heavy reliance on agriculture, natural resources and forestry. Climate change has a clear impact on all sectors including economic, social and human...
ABSTRACT
Crop natural disaster insurance program in Korea has rapidly grown not only in quantity but in quality for 15 years since it was introduced in 2001. Number of agricultural items covered by the program was expanded from two in 2001 to 46 in 2015 and number of participating farmers...
ABSTRACT
Crop insurance is one of the more important branches of agricultural insurance, and because of global climate change, it is becoming more important for the financial wellbeing of the agricultural sectors across many countries. However, because many commercial insurance companies do not...
ABSTRACT
A famous insurance professional said, “Insurance is the first choice and the last choice.” The axiom means that we cannot get any protection without buying insurance but cost of insurance is so high that we have to engage loss control to reduce the total cost. One main...