Synthetical Weather Index Insurance Product Design - A Case of Millet in Wuzhai, Shanxi

DOI

10.2991/rac-18.2018.25How to use a DOI?

Keywords

millet; synthetical weather indice; growing phases; adverse weather; yield loss；optimal matching

Abstract

Using the daily meteorological data from 1957 to 2015, the time series data of millet yield from 1980 to 2015, and the investigation and previous studies of meteorological disasters in Wuzhai County of Shanxi Province , the key meteorological disasters affecting the yield of millet at various growth phases is determined. Comparing the historical yield loss and main disasters, we construct synthetical weather indices such as rainstorm index P1+, freeze injury index T4-, drought index P1-, P2, P3-, P4- during key growing periods. A model for optimizing the relationship between weather indices and yield loss is proposed to quantitatively evaluate the impact of weather indices on crop yields. The synthetical weather indices insurance of millet is designed and then the premium rates and trigger values are given.

Copyright

© 2018, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Yueqin Wang
AU  - Sijian Zhao
AU  - Qiao Zhang
AU  - Qian Nie
PY  - 2018/10
DA  - 2018/10
TI  - Synthetical Weather Index Insurance Product Design - A Case of Millet in Wuzhai, Shanxi
BT  - Proceedings of the 8th Annual Meeting of Risk Analysis Council of China Association for Disaster Prevention (RAC 2018)
PB  - Atlantis Press
SP  - 155
EP  - 164
SN  - 2352-5428
UR  - https://doi.org/10.2991/rac-18.2018.25
DO  - 10.2991/rac-18.2018.25
ID  - Wang2018/10
ER  -