Abstract
Calculation of insurance premiums can be analysed based on a area’s yield index, weather and price volatility. This study reviewed based on the movement of Sumatera Utara coffee export prices. The purpose is to calculate and review the premium insurance for Sumatera Utara coffee exports in the international market. The research location was determined purposively with snowball sampling technique. The research data consisted of primary data which was collected by questionnaire and secondary data from Association of Indonesian Coffee Exporters Regional of Sumatera Utara and province’s statistical data. The coverage amount 32,458,011.5 IDR, it is obtained from calculation of costs incurred by exporters. The Black-Scholes method is used to determine the value of coffee export insurance premiums based on the export prices. The analysis shows that the higher trigger also increases the insurance premium, because the higher risk, so the higher premium.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callMore From: IOP Conference Series: Earth and Environmental Science
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
