Evaluatie Regeling brede weersverzekering
The agricultural sector has limited opportunities to avoid risks of weather events for open field crops.However, damage caused by extreme weather conditions (such as heavy rain or hail) can have amajor impact on the financial position of the farms and the whole agricultural sector.Before 2002 the Dutch government regularly compensated damage caused by extreme weatherevents. Nowadays the government encourages farmers to participate in a weather insurance schemeby granting a premium subsidy, thus trying to create a commercial market for weather insurances.This report evaluates the premium subsidy. The core questions are first if the subsidy has led to acommercially attractive weather insurance scheme and second if the premium subsidy has reduced thenumber of requests for compensation and the amount. The answer to the first question is no; due to alack of empirical evidence, there is no clear objective answer to the second question.
| Main Authors: | , , , , |
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| Format: | External research report biblioteca |
| Language: | Dutch |
| Published: |
Wageningen Economic Research
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| Subjects: | Life Science, |
| Online Access: | https://research.wur.nl/en/publications/evaluatie-regeling-brede-weersverzekering |
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