This publication on agricultural insurance is the first in a series designed to explain the concept in layman's terms and make it accessible to the development community. The guiding principle behind its creation is to define, in simple terms, the concepts and various principles that govern the operation of agricultural insurance; agricultural insurance as a system for managing agricultural risk; and, finally, its application in the African context through several products offered by the Compagnie Nationale d'Assurance Agricole du Sénégal, an insurance company specializing in agricultural risk coverage. Its establishment remains by far the first initiative of its kind in the insurance industry within the CIMA region, which covers the 14 French-speaking countries of West and Central Africa.
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