Protecting Growing Prosperity: Agricultural Insurance in the Developing World
This report highlights the current status and future development of agricultural insurance for smallholder farmers. Based on interviews with more than forty-five key agricultural insurance stakeholders, it paints a picture of an industry that shows great potential but struggles to achieve the necessary scale and product-level refinements.
The research is focused on micro- and meso-level crop and livestock insurance schemes that address "occasional events with large economic impact" on smallholder farmers in Latin America, sub-Saharan Africa, and South and Southeast Asia. The experiences and insights of the market pioneers outlined in this research aim to inform future action by donors, practitioners, governments, and consumers.