New India Crop Model

Following the successful release of our first India Crop Model, JBA has developed an updated model for 2019. As before the model features a 10,000-year probabilistic event set to assess insurance losses in India. The 2019 India Crop Model now extends to cover both the PMFBY,  (the Indian Prime Minister's crop insurance scheme) and the WBCIS (Weather Based Crop Insurance Schemes) insurance schemes, 37 major insured crops and 654 districts. As well as the 'standard' operating model, an ENSO (El Nino Southern Oscillation) model has been developed to allow users to assess potential crop losses in El Nino (ENSO+) years. The model helps facilitate long-term risk management and (re)insurance pricing.

With approximately 40 million farmers in India covered under the Pradhan Mantri Fasal Bima Yojana scheme (PMFBY) and the WBCIS scheme, the India Crop industry has become a major focus for international (re)insurers.

The model captures multiple extreme weather perils contributing to seasonal crop failure, including drought, flood, heat stress, and tropical cyclone damage, to produce annual expected losses for Indian states and districts.

This enables better (re)insurance pricing and rate analysis, as well as an understanding of the Probable Maximum Loss from low frequency, high severity seasons, and the ability to manage portfolio structures long-term.

Developed with collaboration from (re)insurance industry partners and covering both growing seasons in India (Kharif and Rabi), the JBA model uses unique physical crop modelling techniques to simulate historic crop yields using current farming practice.

The India Crop Model is available in JCalf® (JBA’s own Probabilistic Loss Software Platform) or can be accessed through portfolio analysis services offered by JBA.

For more information about the model, get in touch via the form below, read our Executive Briefing or read our blog.

Let's Talk. Make an Enquiry

To contact JBA Risk Management, please complete the form below and press the send button.


We'll keep you up to date

Don't miss out on receiving the most relevant details about our products and services, company updates, blogs and event response updates. If you are happy to receive this information by e-mail, please confirm your agreement by ticking the boxes below.


We take your privacy seriously. We will securely store the data that you share. We will not share your data with any third party. If you would like to unsubscribe at any time please contact us at hello@jbarisk.com with the subject line Opt-out or call JBA Risk Management Marketing on 01756 799919. All updates will also give you the option to unsubscribe.

Read our complete privacy policy here.