Foreword ixIntroduction xiAcknowledgements xiiiSpecial Thanks xvCHAPTER 1 Agricultural Markets and Risk Management 1CHAPTER 2 Concepts of Insurance 21CHAPTER 3 Agricultural Perils and Risk Modelling Concepts 45CHAPTER 4 Agricultural Data and Proxies 103CHAPTER 5 Agricultural Insurance 149CHAPTER 6 Crop Insurance 189CHAPTER 7 Livestock Insurance 271CHAPTER 8 Aquaculture Insurance 311CHAPTER 9 Forest Insurance 333CHAPTER 10 Risk Transfer to Reinsurance Markets 363CHAPTER 11 Risk Transfer to Capital Markets 393ACRONYMS AND ABBREVIATIONS 407INDEX 409
DR. ROMAN MARCO HOHL is one of the best-known agricultural reinsurance underwriters in the industry. He has worked on most primary aspects of agricultural risk transfer, including work for reinsurance companies such as Partner Re, Converium and Swiss Re. With these companies, he built agricultural underwriting teams and developed new insurance schemes. He also led the development of agricultural risk models for India and China at the Asia Risk Centre, a leading agricultural risk modelling company which is now part of Risk Management Solutions.Having worked in Singapore for 6 years and been at the forefront of the development of agricultural insurance in China, India and Southeast Asia Dr. Hohl has a deep understanding of the challenges of emerging markets. He has held various advisory appointments, including with the World Economic Forum (food security in Southeast Asia) and the Monetary Authority of Singapore (catastrophe risk assessment). He has also served as adjunct professor and deputy director at the Institute of Catastrophe Risk Management (ICRM) of the Nanyang Technological University in Singapore.He currently supports the industry through advisory mandates including work for the International Finance Corporation (World Bank Group) in developing index- based risk transfer solutions. Dr. Hohl also collaborates with the University of Wisconsin-Madison (USA) and the National University of Singapore on modelling agricultural risks, food security and risk transfer.Roman holds a PhD in Geoscience (Atmosphere) from the University of Fribourg (Switzerland). Research from his PhD thesis was used to develop the first probabilistic hail model for the European insurance industry. He has contributed numerous articles to research journals and the risk transfer media, including television interviews.