World Bank2013-03-112013-03-112010-06https://hdl.handle.net/10986/12624Bangladesh is ranked as the world's fifth most exposed country to natural disasters, including floods, cyclones, and droughts. The purpose of this study is to investigate the viability of agricultural insurance in Bangladesh, particularly for small and marginal farmers and to present the Government of Bangladesh (GoB) with a set of options for the future development of agricultural insurance in the country. The current study aims to identify an overall framework for the development of sustainable market-based agricultural insurance in Bangladesh. It also reviews the technical, operational, financial, and institutional issues and options for the introduction of traditional crop and livestock insurance products and for new crop-index products that are suitable to Bangladeshi farmers. This report present a series of practical guidelines and options for GoB and other interested parties to consider for the future development and implementation of crop, livestock and aquaculture insurance in Bangladesh. This study benefits from this international experience (for example, the Indian area-yield and weather-index crop insurance schemes, a Mexican agricultural mutual insurance program, and a Mongolian livestock-mortality index insurance program), which is tailored to the local economic and social context of Bangladesh.en-USCC BY 3.0 IGOACCIDENTACCIDENTAL DEATHACCOUNTINGAGRICULTURAL COMMODITIESAGRICULTURAL CREDITAGRICULTURAL INSURANCEAGRICULTURAL INSURANCE SCHEMEAGRICULTURAL LOANSAGRICULTURAL PRODUCTIONALLOCATIONANIMAL HEALTHANTHRAXBALANCE SHEETSBANK LENDINGBANKING SECTORBENEFICIARIESBRANCH NETWORKSCAPITAL REQUIREMENTCAPITAL REQUIREMENTSCASH PAYMENTSCASUALTIESCATASTROPHE REINSURANCECATASTROPHIC LOSSESCHEMICALSCIVIL WARCLIMATECLIMATE CHANGECOMMERCIAL BANKCOMMERCIAL BANKSCOMMERCIAL INSURANCECOMMISSIONSCOMMODITY RISK MANAGEMENTCOMPENSATION FUNDCOMPENSATION PAYMENTSCOMPETITIVENESSCONSUMER PROTECTIONCONTAGIOUS DISEASESCOSTS OF INSURANCECOVERAGECREDIT PROGRAMCROP INSURANCECROP INSURANCE PRODUCTCROP INSURANCE PROGRAMCROP INSURANCE SCHEMECROP LOSSESCURRENCYCYCLONESDAMAGE ASSESSMENTDAMAGED HOUSESDEATH TOLLDEPOSITDEPOSITSDEVELOPMENT BANKDISASTERDISASTER EMERGENCYDISASTER MANAGEMENTDISASTER REDUCTIONDISASTER RELIEFDISASTER RISKDISASTER RISK REDUCTIONDISASTERSDISEASE OUTBREAKDISEASE OUTBREAKSDMFDONOR COMMUNITYDROUGHTDROUGHTSEARTHQUAKEEARTHQUAKESECONOMIC COSTSEMERGENCY MANAGEMENTEMERGENCY RELIEFEQUIPMENTEXCESS OF LOSS REINSURANCEEXCHANGE RATEEXPLOSIONFAIR PRICEFAIR PRICESFAMINEFARMERFINANCIAL ASSISTANCEFINANCIAL CAPACITYFINANCIAL CHALLENGESFINANCIAL COMPENSATIONFINANCIAL INCENTIVESFINANCIAL INSTITUTIONSFINANCIAL LOSSESFINANCIAL NEEDSFINANCIAL SECTORFINANCIAL SERVICESFIREFLOODFLOOD CONTROLFLOODINGFLOODSFOOD AIDFOOD SECURITYGENERAL INSURANCEGLOBAL CAPITALGLOBAL CAPITAL MARKETGOVERNMENT POLICYGROSS DOMESTIC PRODUCTHEALTH CAREHEALTH INSURANCEHEALTH STATUSHUMAN DEVELOPMENTINCOMEINCOME HOUSEHOLDSINDEMNITIESINDEMNITYINDEPENDENT INSURANCE BROKERSINSURANCE AGENTSINSURANCE ASSOCIATIONINSURANCE BROKERINSURANCE BROKERSINSURANCE COMPANIESINSURANCE COMPANYINSURANCE CORPORATIONINSURANCE CORPORATIONSINSURANCE COVERINSURANCE INDUSTRIESINSURANCE INDUSTRYINSURANCE MARKETINSURANCE MECHANISMSINSURANCE PENETRATIONINSURANCE PILOTINSURANCE POLICIESINSURANCE POLICYINSURANCE PREMIUMINSURANCE PREMIUMSINSURANCE PRODUCTINSURANCE PRODUCTSINSURANCE RATESINSURANCE REGULATIONSINSURANCE REGULATORINSURANCE SCHEMESINSURANCE SECTORINSURANCE SOLUTIONSINSURED LOSSESINSURERINSURERSINTEREST RATEINTERNATIONAL DEVELOPMENTINTERNATIONAL STANDARDSINVESTINGINVESTMENT CLIMATEINVESTMENT FUNDSLANDLESS HOUSEHOLDSLIABILITYLIFE INSURANCELIFE INSURANCE COMPANYLIFE-INSURANCELIVESTOCK INSURANCELOANLOAN PERIODLOAN VOLUMELOSS RATIOMARKET PENETRATIONMEDICINESMICROBORROWERSMICROCREDITMICROFINANCEMICROFINANCE INSTITUTIONMICROFINANCE INSTITUTIONSMICROINSURANCEMINIMUM CAPITAL REQUIREMENTMINIMUM CAPITAL REQUIREMENTSMORAL HAZARDMOTOR INSURANCEMULTIPLE PERIL CROP INSURANCEMUTUAL INSURANCE COMPANIESNATURAL DISASTERNATURAL DISASTERSNON-LIFE INSURANCENONGOVERNMENTAL ORGANIZATIONSOUTSTANDING LOANOUTSTANDING LOANSPANDEMICPOLICY MAKERSPOOR FARMERSPREMIUM PAYMENTPRIVATE BANKSPRIVATE CREDITPRIVATE INSURANCEPRIVATE INSURANCE COMPANIESPROGRAMSPROPERTY INSURANCEPUBLIC INSURANCERATESREGULATORY AUTHORITYREINSURANCE CAPACITYREINSURANCE REQUIREMENTSREINSURERREINSURERSRELIEF ASSISTANCERESERVESRETURNRIOTRIOTSRISK ASSESSMENTRISK EXPOSURESRISK MANAGEMENTRURAL BANKSRURAL FINANCESAVINGSSECURITIESSELF INSURANCESETTLEMENTSHAREHOLDERSOLVENCYSOURCE OF CREDITSTORMSUBSISTENCE FARMERSTHIRD PARTY RISKSTRANSACTIONTRANSACTION COSTSTREATYTREATY REINSURANCETROPICAL CYCLONETROPICAL CYCLONESTRUST FUNDUNDERWRITERSUNDERWRITINGWARWorld Bank10.1596/12624