Observatorio de I+D+i UPM

Memorias de investigación
Other publications:
Design and Evaluation of a New Revenue Insurance Product for Strawberry Producers in Huelva, Spain
Year:2008
Research Areas
  • Agricultural policy
Information
Abstract
Spain is the world's third largest producer and major exporter of strawberries. Production is primarily concentrated within a single zone, which has made Huelva the most important strawberry-producing region in the world. At present, risk-management instruments in this sector do not offer strawberry farmers an adequate degree of satisfaction, and they are demanding an insurance policy that will offer them full cover for the risks that they run. The objective of the study presented here was to develop a global income insurance product that gathers together all the risks borne by the strawberry sector, responding sufficiently to the accidents and other sources of loss that affect this industry. The insurance product, whose design is based on the information supplied by companies that are responsible for 44 percent of production in the province, copies the income model of each individual company, and by means of a Monte Carlo simulation determines the pure premium level appropriate for different insurance strategies.
International
Si
Entity
Palisade Corporation
Place
London
Pages
Reference/URL
Copyright ©2009 Palisade Corporation. All rights r
Publication type
Otras conferencias
Participants
  • Autor: Alberto Garrido Colmenero (UPM)
Research Group, Departaments and Institutes related
  • Creador: Grupo de Investigación: Economía Agraria y Gestión de los Recursos Naturales
  • Departamento: Economía y Ciencias Sociales Agrarias
  • Centro o Instituto I+D+i: Centro de Estudios e Investigación para la Gestión de Riesgos Agrarios Medioambientales (CEIGRAM)
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