Authors
Olivier Bode, RMS & Trevor Maynard, Lloyd’s
This report provides an in-depth analysis of the impact of weather (monsoon and extreme events) on crop yields and losses, and a description of the benefits of using probabilistic crop models to quantify India’s crop
risks. This will particularly interest insurers interested in reinsuring crop business schemes in India, and as the report also provides an assessment of the correlation between crop and property insurance in the country, it will allow insurere to understand Indian (re)insurance risks better, in order to improve their portfolio exposure management, set appropriate limits and gain the confidence to expand into this fast-growing market.