Disaster risks and insurance in the agriculture sector in Asia

A review

Md Shahin Mia, Ah Choy Er, S. Prabhakar, Joy Jacqueline Pereira

Research output: Contribution to journalArticle

Abstract

Agriculture is a major economic sector and a critical source of livelihood in many of the low and middle income countries in Asia. However, this sector is subject to a very wide range of risks related to natural hazards, climate change and variability, pest and diseases. This study review literatures that focus on disaster risks and disaster-related loss and damage in agriculture sector in Asia. The study also highlights the current patterns of agricultural insurance in the region. Literatures were identified for review from various sources such as journals, reports, proceedings and other related documents by searching comprehensively both electronic and non-electronic databases. Evidences suggest that agriculture sector in Asia is particularly exposed to floods, droughts, hurricanes, cyclones, typhoons, landslides and seasonal epidemics. However, the amount of losses and damages occurred in this sector varies across the countries. It was reported that agricultural insurance was available either in a pilot form or a fully mature national-level program in 20 of the 44 countries (45% of the total) in the region in 2010. The most popular insurance product in the region is livestock insurance, followed by crop insurance (available in 13 and 12 countries, respectively). Therefore, further research is urgently needed to assess more accurately the losses and damages in agriculture sector in the region and to provide better policy suggestions to relevant agencies to promote sound and effective insurance programs.

Original languageEnglish
Pages (from-to)245-249
Number of pages5
JournalJournal of Food, Agriculture and Environment
Volume13
Issue number2
Publication statusPublished - 2015

Fingerprint

insurance
disasters
Disasters
Insurance
Agriculture
disaster
agriculture
Cyclonic Storms
livestock insurance
crop insurance
typhoons
damage
landslides
hurricanes
Landslides
livelihood
electronics
income
Climate Change
Droughts

Keywords

  • Agriculture
  • Asia
  • Disaster
  • Insurance
  • Risk
  • The Pacific

ASJC Scopus subject areas

  • Food Science
  • Agricultural and Biological Sciences (miscellaneous)
  • Environmental Science(all)

Cite this

Disaster risks and insurance in the agriculture sector in Asia : A review. / Mia, Md Shahin; Er, Ah Choy; Prabhakar, S.; Pereira, Joy Jacqueline.

In: Journal of Food, Agriculture and Environment, Vol. 13, No. 2, 2015, p. 245-249.

Research output: Contribution to journalArticle

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