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Risk modeling for appraising named peril index insurance products : a guide for practitioners /
Named 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...
| Clasificación: | Libro Electrónico |
|---|---|
| Autores principales: | , , |
| Formato: | Electrónico eBook |
| Idioma: | Inglés |
| Publicado: |
Washington, DC :
World Bank Group,
[2017]
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| Colección: | Directions in development (Washington, D.C.). Agriculture and rural development.
|
| Temas: | |
| Acceso en línea: | Texto completo |
MARC
| LEADER | 00000cam a2200000 i 4500 | ||
|---|---|---|---|
| 001 | EBOOKCENTRAL_ocn987251044 | ||
| 003 | OCoLC | ||
| 005 | 20240329122006.0 | ||
| 006 | m o d | ||
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| 008 | 170515t20172017dcua ob i000 0 eng d | ||
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| 020 | |a 9781464810497 |q (electronic bk.) | ||
| 020 | |a 1464810494 |q (electronic bk.) | ||
| 020 | |z 9781464810480 | ||
| 020 | |z 1464810486 | ||
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| 035 | |a (OCoLC)987251044 |z (OCoLC)987350794 |z (OCoLC)1058969490 |z (OCoLC)1235846406 | ||
| 050 | 4 | |a HG9979 |b .M37 2017 | |
| 072 | 7 | |a BUS |x 033070 |2 bisacsh | |
| 082 | 0 | 4 | |a 368.1/22 |2 23 |
| 049 | |a UAMI | ||
| 100 | 1 | |a Mapfumo, Shadreck, |e author. | |
| 245 | 1 | 0 | |a Risk modeling for appraising named peril index insurance products : |b a guide for practitioners / |c Shadreck Mapfumo, Huybert Groenendaal, and Chloe Dugger. |
| 264 | 1 | |a Washington, DC : |b World Bank Group, |c [2017] | |
| 264 | 4 | |c ©2017 | |
| 300 | |a 1 online resource (xxxv, 285 pages) : |b illustrations (some color) | ||
| 336 | |a text |b txt |2 rdacontent | ||
| 337 | |a computer |b c |2 rdamedia | ||
| 338 | |a online resource |b cr |2 rdacarrier | ||
| 490 | 1 | |a Directions in development. Agriculture and rural development | |
| 504 | |a Includes bibliographical references. | ||
| 500 | |a Title from resource, viewed June 8, 2017. | ||
| 520 | |a Named 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. | ||
| 505 | 0 | |a Front Cover; Contents; Foreword; Acknowledgments; About the Authors; Endorsements; Abbreviations; Chapter 1 Introduction; 1.1 Guide Overview; 1.2 The Case Example; Bibliography; Chapter 2 Critical Concepts in Named Peril Index Insurance; 2.1 Why Is Insurance Useful for Smallholder Farmers?; 2.2 What Is Named Peril Index Insurance?; 2.3 Who Are the Main Stakeholders in the Risk Transfer Process?; 2.4 How Are Named Peril Index Insurance Products Developed?; Note; Bibliography; Part 1 Decision Tools for Insurance Managers; Chapter 3 Prefeasibility Study; 3.1 Introduction. | |
| 505 | 8 | |a 3.2 Outline of Emerging Managerial and Process Controls; Note; Bibliography; Chapter 4 Product Design and Evaluation-The Base Index; 4.1 Introduction; 4.2 Basis Risk and the Implied Deductible; 4.3 Steps in Product Design and Evaluation; Bibliography; Chapter 5 Product Pricing-The Base Index; 5.1 Introduction; 5.2 Outline of Emerging Managerial and Process Controls; Bibliography; Chapter 6 Product Evaluation-The Redesigned Index; 6.1 Introduction; 6.2 Outline of Emerging Managerial and Process Controls; 6.3 Step 1: Determine Key Model Inputs and Assumptions. | |
| 505 | 8 | |a 6.4 Step 2: Evaluate Key Managerial Decision Metrics; 6.5 Step 3: Document and Communicate the Product Options and Business Decision; Bibliography; Chapter 7 Detailed Market Analysis; 7.1 Introduction; 7.2 Outline of Emerging Managerial and Process Controls; Note; Bibliography; Chapter 8 Value of Index Insurance to a Financier; 8.1 Introduction; 8.2 Outline of Emerging Managerial and Process Controls; Part 1 Conclusion; Notes; Bibliography; Part 2 Probabilistic Modeling for Insurance Analysts; Chapter 9 How to Use Part 2; 9.1 Introduction; 9.2 Website. | |
| 505 | 8 | |a 9.3 Overview of Key Assumptions and Limitations of This Guide's Models; 9.4 Monte Carlo Software Tools; Note; Bibliography; Chapter 10 Fundamentals of Probabilistic Modeling; 10.1 The Case for Probabilistic Modeling in Index Insurance; 10.2 Key Building Blocks for Probabilistic Modeling; 10.3 Key Outputs for Probabilistic Modeling; 10.4 A Reminder on How to Use the Models in This Guide; Notes; Bibliography; Chapter 11 Evaluating the Base Index; 11.1 Background and Objectives; 11.2 Model Inputs; 11.3 Model Computations; 11.4 Model Outputs. | |
| 505 | 8 | |a 11.5 Alternative Modeling Approach: Retrospective Analysis Bibliography; Chapter 12 Pricing the Base Index; 12.1 Background and Objectives; 12.2 Model Inputs; 12.3 Model Computations; 12.4 Model Outputs; Note; Bibliography; Chapter 13 Evaluating the Redesigned Index; 13.1 Background and Objectives; 13.2 Model Inputs; 13.3 Model Computations; 13.4 Model Outputs; 13.5 Alternative Modeling Approach: Retrospective Analysis; Bibliography; Chapter 14 Detailed Market Analysis; 14.1 Background and Objectives; 14.2 Model Inputs; 14.3 Model Computations; 14.4 Model Outputs; Bibliography. | |
| 590 | |a ProQuest Ebook Central |b Ebook Central Academic Complete | ||
| 650 | 0 | |a Disaster insurance. | |
| 650 | 0 | |a Agricultural insurance. | |
| 650 | 0 | |a Reinsurance. | |
| 650 | 6 | |a Assurance contre les catastrophes. | |
| 650 | 6 | |a Assurance agricole. | |
| 650 | 6 | |a Réassurance. | |
| 650 | 7 | |a BUSINESS & ECONOMICS |x Insurance |x Risk Assessment & Management. |2 bisacsh | |
| 650 | 7 | |a Agricultural insurance |2 fast | |
| 650 | 7 | |a Disaster insurance |2 fast | |
| 650 | 7 | |a Reinsurance |2 fast | |
| 700 | 1 | |a Groenendaal, Huybert, |e author. | |
| 700 | 1 | |a Dugger, Chloe, |e author. | |
| 758 | |i has work: |a Risk modeling for appraising named peril index insurance products (Text) |1 https://id.oclc.org/worldcat/entity/E39PCGjptqWbhf8BcMBmXK8PkP |4 https://id.oclc.org/worldcat/ontology/hasWork | ||
| 776 | 0 | 8 | |i Print version: |a Mapfumo, Shadreck. |t Risk modeling for appraising named peril index insurance products. |d Washington, DC : World Bank Group, [2017] |z 9781464810480 |z 1464810486 |w (OCoLC)985078667 |
| 830 | 0 | |a Directions in development (Washington, D.C.). |p Agriculture and rural development. | |
| 856 | 4 | 0 | |u https://ebookcentral.uam.elogim.com/lib/uam-ebooks/detail.action?docID=4857525 |z Texto completo |
| 938 | |a EBL - Ebook Library |b EBLB |n EBL4857525 | ||
| 938 | |a EBSCOhost |b EBSC |n 1502048 | ||
| 938 | |a ProQuest MyiLibrary Digital eBook Collection |b IDEB |n cis38187390 | ||
| 938 | |a YBP Library Services |b YANK |n 14431335 | ||
| 994 | |a 92 |b IZTAP | ||