• Corpus ID: 167127854

Weather Risk and the Viability of Weather Insurance In Western China

@inproceedings{Turvey2009WeatherRA,
  title={Weather Risk and the Viability of Weather Insurance In Western China},
  author={Calum G. Turvey and Rong Kong and Burgen C Belltawn},
  year={2009}
}
This paper presents preliminary results on the possible demand for weather insurance in China. Results from 1,564 farm households from Western and Central China between October 2007 and October 2008 suggest that the greater risk for farmers is drought followed by excessive rain. Heat is less critical as a risk but more significant than cool weather. Results suggest a strong interest in precipitation insurance with 50% and 44% of respondents indicating strong interest in the product… 

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