Farm Mutual Reinsurance

Ralph R. Botts

No 308731, Agricultural Information Bulletins from United States Department of Agriculture, Economic Research Service

Abstract: Excerpts from the report Preface: Between 1940 and 1950 farm property valuations more than doubled. These increased valuations have been accompanied by higher replacement costs and, therefore, a need for more insurance by farmers. Often, the increased amounts exceed the single-risk limitations that are acceptable to farm mutuals, particularly the smaller companies. Thus farm companies need "specific-risk" reinsurance more than ever before, if farmer members are to receive adequate coverage of high-valued buildings and equipment. Much of the report is devoted to a description of reinsurance programs sponsored by State associations of mutual insurance companies in 13 States. It is hoped that the information will be helpful to farm mutuals and their State associations in organizing reinsurance programs in other States.

Keywords: Risk; and; Uncertainty (search for similar items in EconPapers)
Pages: 56
Date: 1953-12
References: Add references at CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
https://ageconsearch.umn.edu/record/308731/files/aib119.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ags:uersab:308731

DOI: 10.22004/ag.econ.308731

Access Statistics for this paper

More papers in Agricultural Information Bulletins from United States Department of Agriculture, Economic Research Service Contact information at EDIRC.
Bibliographic data for series maintained by AgEcon Search ().