Economic Analysis of the Standard Reinsurance Agreement
The paper presents an economic analysis of the Standard Reinsurance Agreement (SRA), the contract that governs the relationship between the Federal Crop Insurance Corporation and the private insurance companies that deliver crop insurance products to farmers. The paper outlines provisions of the SRA and describes the modeling methodology behind the SRA simulator, a computer program developed to assist crop insurers and policymakers in assessing the economic impact of the Agreement. The simulator is then used to analyze how the SRA affects returns from underwriting crop insurance at various levels of aggregation.
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- Mason, C. & Hayes, Dermot J. & Lence, Sergio H., 2001.
"Systemic Risk in U.S. Crop and Revenue Insurance Programs,"
Staff General Research Papers
11396, Iowa State University, Department of Economics.
- Chuck Mason & Dermot J. Hayes & Sergio H. Lence, 2001. "Systemic Risk in U.S. Crop and Revenue Insurance Programs," Center for Agricultural and Rural Development (CARD) Publications 01-wp266, Center for Agricultural and Rural Development (CARD) at Iowa State University.
- Mason, Chuck & Hayes, Dermot J. & Lence, Sergio H., 2001. "Systemic Risk In U.S. Crop And Revenue Insurance Programs," Proceedings: 2001 Regional Committee NC-221, October 1-2, 2001, McLean, Virginia 132389, Regional Research Committee NC-1014: Agricultural and Rural Finance Markets in Transition.
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