1. Agricultural Insurance: a matter of mutual cooperation
Dirk Witteveen, De Nederlandsche Bank
IAIS ASSAL Training Seminar, 27 April 2006

2. Outline Role of insurance Some characteristics IAIS as knowledgebase
Mutual insurance
Mutual cooperation and trust
Bronvermelding voor deze gegevens:
GDP: DNB Statistisch bulletin, tabel 6.1, regel 9.1
Banken: Wtk-register (jaarverslag DNB) en DNB Statistisch bulletin, tabel 7.1
Verzekeraars: en DNB Statistisch bulletin, tabel 3.1
Pensioenfondsen: en DNB Statistisch bulletin, tabel 3.1
Beleggingsinst´n: Wtb-register AFM en DNB Statistisch bulletin, tabel 3.1

3. Essential part of financial sector Facilitates entrepreneurship
1. Role of insurance
Essential part of financial sector
Facilitates entrepreneurship
Important for both developed and developing economies
Bronvermelding voor deze gegevens:
GDP: DNB Statistisch bulletin, tabel 6.1, regel 9.1
Banken: Wtk-register (jaarverslag DNB) en DNB Statistisch bulletin, tabel 7.1
Verzekeraars: en DNB Statistisch bulletin, tabel 3.1
Pensioenfondsen: en DNB Statistisch bulletin, tabel 3.1
Beleggingsinst´n: Wtb-register AFM en DNB Statistisch bulletin, tabel 3.1

4. 2. Some characteristics
Insurance enabled by mutual cooperation
Insurance part of a risk mitigating chain
Risks should be quantifiable and diversifiable
Role of government, regulator and supervisor
Insurance is about trust

5. 3. IAIS as knowledgebase
Standard setting
Giving guidance
Relationships
Knowledgebase

6. 4. Mutual insurance
Deep historical roots
Includes non-financial help, education, support
Also self regulation and self control
Still providing modern solutions

7. 5. Mutual cooperation and trust
Implies mutual understanding, controlling and mitigating of risks
Example: AGROASEMEX
Keep an eye on other developments
Agricultural insurance on the base of mutual cooperation and mutual trust will strongly support developing economies