Economic analysis of the standard reinsurance agreement

Agricultural Finance Review

ISSN: 0002-1466

Publication date: 1 November 2004


An economic analysis is presented of the Standard Reinsurance Agreement (SRA), the contract governing 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 policy makers in assessing the economic impact of the Agreement. The simulator is then used to analyze how the SRA affects returns from underwriting crop insurance. The results are presented in aggregate and also at the regional and individual company levels.



Vedenov, D.V., Miranda, M.J., Dismukes, R. and Glauber, J.W. (2004), "Economic analysis of the standard reinsurance agreement", Agricultural Finance Review, Vol. 64 No. 2, pp. 119-134.



Emerald Group Publishing Limited

Copyright © 2004, Emerald Group Publishing Limited

To read the full version of this content please select one of the options below

You may be able to access this content by logging in via Shibboleth, Open Athens or with your Emerald account.
To rent this content from Deepdyve, please click the button.
If you think you should have access to this content, click the button to contact our support team.