Should agricultural insurance be subsidised?
At a world level, it is estimated that governments spend at least $ 20 billion a year to subsidise agricultural insurance premiums. Yet almost no study has been conducted to assess the impact of these subsidies. Little is known about the efficiency of this public spending, although the amounts at stake continue to increase, in both developed and emerging countries.
On 18 October, at the invitation of FARM, Pierre Casal Ribeiro, microinsurance analyst at the Grameen Crédit Agricole Foundation, participated in a breakfast discussion with Professor Peter Hazell, co-author of a report entitled "When and how should agricultural insurance be subsidized? Issues and good practices", as key-note speaker.