Agricultural risk management

The Performance and Improvement Strategies of Crop Natural Disaster Insurance in Korea

Won-ho Chung
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...
Country: Korea Topic: Agricultural risk management
5,664
85

Explore Government Support Measures and Implications of Crop Insurance from International Experience

Min-Hsien Yang
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...
Country: Taiwan Topic: Agricultural risk management
4,360
93

Sustainable Growth in Crop Natural Disaster Insurance: Experiences of Japan

Futoshi Okada
  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...
Country: Japan Topic: Agricultural risk management
8,352
103

Agricultural Insurance in the Philippines

Fezoil Luz C. Decena
Introduction Insurance is an instrument that is used to manage risks. In agriculture, insurance is a tool used to manage risks arising from the production of commodities, price variability, as well as climate and weather uncertainties. Risks from production is normally addressed by technological...
Country: Philippines Topic: Agricultural risk management
21,813
272

Agricultural Insurance Extension Program: Mango, Rice, and Tilapia Included by Council of Agriculture

I Han, Min-Hsien Yang
Recently the extreme winter season caused a sever cold front and made very serious agricultural losses in Taiwan. Scholars asked the government to protect agricultural production from the loss of natural damages by using the agricultural insurance system. Council of Agriculture (COA) responded to...
Country: Taiwan Topic: Agricultural risk management
6,627
106

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