Project summary:
In developing countries, insurers have concentrated on motor, industrial, and life insurance businesses, mainly focused
in urban areas. There are significant difficulties for insurance companies to penetrate into rural areas. This study gave an overview of the epidemic livestock disease insurance products that are available in some markets, and determines barriers that have prevented their development in others. Finally, it analysed preconditions for market-based insurance products in developing and transition economies and presented options to support the development of market-based insurance products. The study was based on a global survey of insurers and insurance associations, supplemented with interviews and in-depth case studies of regions with existing insurance products for epidemic livestock diseases.
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