Index based insurance schemes can play a vital role in insuring poor
people in developing countries against a multitude of risk. However, the
concept doesn't go along without any obstacles. Matthias Rödl provides a
theoretical framework of index based insurance schemes and further
highlights where the latter distinguishes from a classic indemnity
insurance. Thereby, scholars can gain a comprehensive theoretical
insight into the topic, while practitioners are enabled to identify and
understand fundamental challenges for their project upfront as well as
to foster sound solutions.