Crop insurance and risk valuation: A review

Pages: 148-151
Kaveri K. Krishna (Institute of Insurance of Risk Management (IIRM), Hyderabad)

The study examines crop insurance and its associated risk. The farmers experience production risks, marketing risks related to different crop enterprises for different agro-climatic regions and areas. Further, this study argues the need for crop insurance as a medium to manage production risk and historical overview of crop insurance products. This study in the last focusing on the risk identification in crops by weather or monsoon and other unavoidable factors like damage due to the attack of pests and diseases. And it also describesthe crop insurance schemes with a comparative analysis.