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.
