The Economics of Livestock Disease Insurance

The Economics of Livestock Disease Insurance

Author: Stephen R. Koontz

Publisher: CABI

Published: 2006

Total Pages: 284

ISBN-13: 0851990770

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This book on the economics of livestock disease insurance is organized into three major parts. Following an introduction (chapters 1-2), part II (chapters 3-8) includes a variety of discussions about what is known about how to build a livestock insurance programme. It begins with a look at the conceptual basis for government involvement in the management of livestock diseases, including prevention, control, regulation and eradication. This discussion is picked up by looking at incentive compatibility and insurability conditions in the private sector, emphasizing how livestock disease management is unique. Compensation is also examined, including what losses should be compensated, choosing a method to value the losses, determining the portion of losses to compensate, and outlining a potential role for insurance. Finally, the complexity of the risks at the farm level is demonstrated using a model that evaluates revenue insurance. Part III (chapters 9-20) offers a diverse discussion about disease management issues and programmes in Australia, Canada, Europe and the USA. These chapters include more discussion about how to build economically sound insurance programmes, and observations are based on modelling or observing case studies. The book has a subject index.


Index-based livestock insurance as an innovative tool against drought loss

Index-based livestock insurance as an innovative tool against drought loss

Author: Agency for Rangeland Information and Development in Kenya Date

Publisher: CTA

Published: 2018-11-30

Total Pages: 44

ISBN-13: 9290816368

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Index-based livestock insurance (IBLI) is a donor-funded programme aimed at designing, developing and implementing market-mediated, index-based insurance products to protect livestock keepers, particularly in the drought-prone arid and semi-arid lands (ASALs), from drought-related asset losses. The IBLI index is based on satellite data, which measure the quality of the pastureland every 10–16 days. These data are inputs to a statistical model of livestock mortality developed using historical data from the region. When evolving range conditions predict livestock mortality in excess of a critical threshold (say 15%) over a predetermined area, the insurance pays contract-holding pastoralists for their losses, allowing them to manage their individual risk. The programme operates under the International Livestock Research Institute (ILRI) and is delivered by several private sector insurance providers, with financial support from the United Kingdom Department for International Development (DFID), Australia’s Department of Foreign Affairs and Trade and the European Union.


The Economics of Livestock Disease Insurance

The Economics of Livestock Disease Insurance

Author: D. L. Hoag

Publisher: CABI

Published: 2006

Total Pages: 286

ISBN-13: 1845930177

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In recent years the livestock sector has been hit by a number of high-profile diseases, such as BSE,Foot and Mouth Disease and Avian Influenza. These have had a devastating economic impact onlivestock producers and the broader livestock industry. One key response has been a growing interestin livestock disease insurance. However there is a need for greater understanding of private incentives,market impacts, and public policy perspectives on regional, national and international levels, if livestockinsurance products and complementary risk management programmes are to be developed.This book provides a balanced and broad-ranging overview of the economics of livestock diseaseinsurance. It covers both general issues and specific case studies drawn from the USA, Canada, Europeand Australia or focussing on specific issues. The book is unique in addressing this subject and willinterest readers in agricultural business and economics, veterinary science and the livestock sector.


The Complete Illustrated Guide to Farming

The Complete Illustrated Guide to Farming

Author: Philip Hasheider

Publisher: Voyageur Press

Published: 2014-06-15

Total Pages: 320

ISBN-13: 1627881379

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The Complete Illustrated Guide to Farming is a comprehensive, one-stop encyclopedic guide for the beginning farmer, hobby farmer, and small-scale family farmer. Are you interested in the country lifestyle or becoming more self-reliant? Do you think about someday raising livestock or growing crops? If you’re ready to make these thoughts a reality, The Complete Illustrated Guide to Farming is the perfect place to start. Farming experts Philip Hasheider and Samantha Johnson explain farming from start to finish: build your own fence, repair your own machinery, and know what to look for when you’re buying a tractor. Instead of buying a book on each subject area, you need just this one, which condenses the most important and relevant information on every aspect of running a farm into a single handy volume. And unlike other books, it’s designed specifically for the owner of a working farm. This practical illustrated guide provides hard-won expert advice on raising livestock and growing crops, making repairs, harvesting and butchering, managing a woodlot, and more. It’s everything you need to know to establish and maintain your farm.