Risk, premium, and agricultural insurance in developing economies

  • -

Risk, premium, and agricultural insurance in developing economies

Risk, premium, and agricultural insurance in developing economies

Jude Chidiebere Anago

University of Nigeria, Dept of Banking and Finance, Enugu Campus


Agricultural insurance remains the most common form of risk transfer in agriculture. Many developing countries are beginning to embrace risk insurance because most of the available agricultural loans are tied to existing or willing to get an insurance package. Farmers are hesitance due to credit risk. Beyond credit risk factor, the hesitance among the farmers, who among many are worried about risk insurance lack of understanding. Against this background, this study investigates alternative risk insurance analysis and control using RIMEF an attempt at contributing to knowledge. Among the several outcomes, predicting risk occurrence and quantifying the risk for each of the agro–ecological zones of a country for a given period defined by the duration of the cover sought for the crops/livestock involved remains the study highpoint.

Key words. Agricultural insurance, Risk and loss, RIMEF, Premium, Developing countries

View/Print | Download

Google Scholar


Impact Factor

2018 : 3.466

2015 : 0.676

Current impact factor evaluation is in progress.

Call for papers

Research Articles written in English Language are invited from interested researchers in the academic community and other establishments for publication. Authors who wish to submit manuscripts should ensure that the manuscripts have not been submitted elsewhere neither is it under consideration in another journal. The articles should be the original work of the authors. High quality theoretical and empirical original research papers, case studies, review papers, literature reviews, book reviews, conceptual framework, analytical and simulation models, technical note from researchers, academicians, professional, practitioners and students from all over the world are welcomed.