Kenya Toward a National Crop and Livestock Insurance Program : Background Report

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作者：

World Bank Group

来源地址：

http://hdl.handle.net/10986/24444

关键词：

IMPACTS OF CLIMATE CHANGE;  INDEMNITY INSURANCE;  JOBS;  TOTAL COST;  ECONOMIC MODEL;  RISKS;  REGULATORY FRAMEWORK;  ECONOMIC GROWTH;  RISK REDUCTION;  INSURANCE POOLS;  INCOME;  INTEREST;  INSURANCE VALUES;  SUSTAINABILITY;  INTEREST RATE;  COMMERCIAL INSURANCE;  PROGRAMS;  INFORMATION;  LIVESTOCK INSURANCE;  REVENUES;  PORTFOLIO;  WELFARE;  RISK PREMIUM;  INSURANCE POLICIES;  INSURANCE SOLUTIONS;  LUMP SUM;  INCENTIVES;  ASYMMETRIC INFORMATION;  PRICING;  MODELS;  INSURANCE CLAIMS;  WEATHER INSURANCE;  PRIVATE INSURANCE;  PRICE;  INSURANCE RISK;  BENEFICIARIES;  INFLATION;  INSURANCE SCHEME;  INSURANCE MARKET;  ECONOMIC ANALYSIS;  INSURANCE COMPANY;  POLICYHOLDERS;  CROP INSURANCE;  REINSURERS;  SAVINGS;  SCENARIOS;  MORAL HAZARD;  FEASIBILITY;  COSTS OF INSURANCE;  INSURANCE MARKETS;  INSURANCE PRODUCT;  INSURANCE REGULATIONS;  FIXED COSTS;  FINANCIAL COSTS;  INTEREST RATES;  INSURANCE PAYOUT;  FINANCIAL INSTITUTIONS;  MARKETS;  COST PER HOUSEHOLD;  RATES;  DISASTERS;  INSURERS;  TOTAL COSTS;  LONG-TERM FINANCING;  RISK SHARING;  CAPS;  REINSURANCE MARKETS;  INSURANCE COVERAGE;  INSURANCE POLICY;  LEGAL FRAMEWORK;  INSURANCE OPTIONS;  FINANCE;  INSURANCE PREMIUM RATES;  CLIMATE VARIABILITY;  REINSURANCE;  CONSUMPTION;  REGULATIONS;  ECONOMIC COSTS;  POLICIES;  CLIMATE CHANGE;  INSURANCE SCHEMES;  INSURANCE COVER;  INSURANCE AGENTS;  INSURANCE PRODUCTS;  VALUE;  LOSSES;  COMPETITIVENESS;  PROGRAM COSTS;  APPLICATIONS;  PRODUCER PRICE;  CREDIT;  INSURANCE CONTRACTS;  DISASTER RISK FINANCING;  CLIMATE;  AGRICULTURAL INSURANCE;  DEMAND;  MICROINSURANCE;  WELFARE ANALYSIS;  UTILITY FUNCTION;  CLAIMS;  COINSURANCE;  INTERNATIONAL REINSURANCE;  COST-BENEFIT;  INSURANCE CONTRACT;  INSURANCE INDUSTRY;  INSURANCE PREMIUM;  NET COST;  TRANSACTION COSTS;  MARKET;  FINANCIAL LOSSES;  EXTREME DROUGHT;  RISK TRANSFER;  POLICY;  INSURABLE INTEREST;  INSURANCE;  INSURANCE PREMIUMS;  LOSS;  IMPACT ANALYSIS;  AGENTS;  SUBSISTENCE FARMERS;  INSURANCE PAYMENTS;  RISK;  MITIGATION;  INDEMNITY;  INSURANCE UNDERWRITERS;  PRIVATE INSURANCE COMPANIES;  ALLOCATION;  INSPECTIONS;  FINANCIAL CAPACITY;  SUPPLY;  RISK MANAGEMENT PROCESS;  UNDERWRITING;  INSURANCE SECTOR;  CONTINGENCY PLANNING;  HOUSEHOLD CONSUMPTION;  DYNAMIC MODEL;  LOWER DEMAND;  FINANCIAL SUPPORT;  INVESTMENTS;  RISK MANAGEMENT;  COST OF INSURANCE;  COST-BENEFIT ANALYSIS;  CROP INSURANCE PROGRAM;  INSURANCE COMPANIES;  REINSURANCE CONTRACTS;  POLICY ANALYSIS;  FINANCIAL SECTOR;  RISK MANAGERS;  BASIS RISK;  COVERAGE;  REINSURANCE COMPANIES;  PRICES;  RISK ASSESSMENT;  CONSUMER PROTECTION;  COST OF CAPITAL;  BENEFITS;  RISK ANALYSIS;  PREMIUMS;  Report;  Rapport;  Informe; 

年份：

2015

出版地：

Washington,USA

语种：

English

摘要：

At the request of the government of Kenya and under its guidance, a team of national and international experts conducted an appraisal of different agricultural insurance options for Kenya.This appraisal, as set out in this document and the accompanying technical analysis, lays out the costs and benefits of developing large-scale agricultural insurance that involves both the public and private spheres.The analysis considers potential structures for large-scale agricultural insurance in Kenya, the fiscal cost to the government of Kenya, and the economic benefits for farmers and pastoralists.In order for it to partner with the private sector to prepare and implement a large scale agricultural insurance program, the government should consider taking the following next steps.The government of Kenya may build on there commendations by the Program Steering Committee to take the lead in formulating a national policy on agriculture insurance, in cooperation with county administrations and private insurance companies. The government of Kenya may develop a road map for establishing the institutions required for large-scale agricultural insurance programs, with the goal of covering at least a fifth of Kenya's agricultural producers. As next steps for establishing livestock insurance, the government of Kenya may decide how to integrate the proposed insurance product with other existing protection mechanisms. As next steps for crop insurance, the government of Kenya may seek consultations with agricultural banks and work with private sector insurers to develop a data audit system acceptable to international reinsurers.